As everyone in the real estate world has seen here lately we are looking at alot more buzz from the recent rumors that Down Payment Assistance Programs (DPA) are going to be a thing of the past.
There are alot of good things going on from these programs. Most of the people we find that are looking to buy just don't have that 3% to put down on a FHA loan. Which is where these programs come in handy. Although some say then they should hold of till they do. If they do that then who knows where the house prices and rates will be at that time. If folks can get into a place now NOW is the time to do it. Rates are low along with house prices so that equals a great time to buy. You figure the average person is able to right now buy anywhere from 25K-50K more of a house than they would have 2 years ago.
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