I don't know about you but I have been receiving several Neimiah program offers as of late, trying to beat the deadline of October 1st. In my over 9 years in the business, I have only had 3 deals with the program and now, people are finding the program once more.
I also see, in our office, an abundance of FHA finance offers. Again I believe the increase in the required down payment to 3 ½% from the required 3% seems to be the stimuli for some much needed business.
Is this a nationwide trend?
Can the system handle the influx without delays?
Authored by Paul S. Henderson, Realtor ®, RE/MAX Professionals, Dupont & Lacey, WA.
(http://phenderson.net) or http://www.lacey-washington.com
©2008 Paul S. Henderson, All Rights Reserved
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