Down Payment Assistance on your next house

By
Real Estate Agent with Coldwell Banker Wardley

Down Payment Assistance on your next house

Hello everyone,

I wanted to share some new loan information that we have recently talked about in our company meetings. For those who have been waiting for the right time to buy a house, I encourage you to act quickly as the current loan market is changing quickly.

For the past 2 years, Realtors have been using a Down Payment assistance program to get people into homes for very little cash out of pocket. The way we write the contracts allows sellers to contribute to the buyers down payment allowing us to get buyer's into homes for typically $1000 or less.

As of October 1st, 2008, these programs will not be available any longer. If you have been thinking about buying a home, but need assistance with your down payment, you must be closed on your new home before this date.

Buyers who miss this date will be required to come up with 3.5% to purchase a home.

Don't miss the boat on this one. Let me know if you're ready to talk about buying NOW.

As always, I hope that you find this information helpful in making decisions about your real estate needs.

Talk with you soon,

C-D. Young Realtor
Direct: 702-205-0545
Website: www.MYLVHomePros.com
Email: cd.young@coldwellbanker.com

Comments (14)

Marcy Fedalei
Keller Williams Realty - Spartanburg, SC

May I be one of the first to welcome you to the ActiveRain community - full of information, ideas and surprises. Enjoy and share! Marcy

Aug 18, 2008 10:26 PM
Ron Martin
Keller Williams Realty - Spartanburg, SC
Ron Martin Team

Welcome to Active Rain, It's a great site to learn and share idea's with everyone. Enjoy and have fun!

Aug 18, 2008 10:36 PM
Jean Terry
Keller Williams Realty Spartanburg, S.C. - Spartanburg, SC

Hi, and welcome to Active Rain. a great site to learn, share, and have fun.

Good luck.

Aug 19, 2008 12:37 AM
Ginger Ryals
Prudential C Dan Joyner and Young Realtors - Spartanburg, SC

Welcome to Active Rain!! This is a great site to network and share ideas!! Have fun with it!!

Aug 19, 2008 12:56 AM
Yvette Gardner
Keller Williams Realty, Spartanburg, SC - Spartanburg, SC

Welcome to the Active Rain community. You have chosen a great site with tons of information you can learn from.  Have fun with it and hope to see more of your blogs soon!

Aug 19, 2008 01:03 AM
Dwayne West
Atlanta Real Estate - Canton, GA
Canton Georgia Real Estate

Welcome to the Active Rain community. You have chosen a great site with tons of information you can learn from.

Aug 19, 2008 01:21 AM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hi, welcome to Active Rain! I hope to see more of your blogs in the future. Learn from others, share your knowledge and experiences and enjoy yourself! Take care! ---Kirk.

Aug 19, 2008 01:37 AM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

Aug 19, 2008 02:53 AM
Lori Isaacson
Credit Restoration Consultants - Plantation, FL

On behalf of Credit Restoration Consultants and the 104,700 plus members of ActiveRain, I wish to welcome you to the network.  Should you ever have a question as it relates to bad credit, credit repair, credit restoration, or identity theft, please do not hesitate to contact me at (954) 581-5050 or at my direct dial number of (954) 449-9987.

 Best wishes,

Lori Isaacson

Aug 19, 2008 03:00 AM
Lori Franks
Real Estate Consultant - Brookings, OR
Brookings, Oregon

Hello C-D and welcome to the Rain from a fellow Coldwell Banker agent. Have fun with this group and watch what it can do for your business!

Aug 19, 2008 05:15 AM
Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Welcome to Active Rain and congrats on your first post.  Be sure to spend some time looking around at what and how others are blogging here.  It is a great education and lots of fun.  Looks like you're off to a great start...keep it up!

Aug 19, 2008 05:33 AM
Lorena Westervelt
Van West Realty - Greenville, SC
Co-Founder/Co-Owner

Hello, welcome to Active Rain! This seems like a wonderful environment to network as well as learn from others. I hope you enjoy yourself and participate often in the Active Rain environment!

Aug 20, 2008 12:20 AM
Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post. 

I hope you will look into the many groups as there are some great group both local and broad based,.... 

enjoy!

Aug 20, 2008 11:45 AM