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CALL TO ACTION: Save Down Payment Assistance Programs by supporting HR 6694

By
Real Estate Agent with Classic Properties

If any of you have used AmeriDream or Nehemiah Down Payment Assistance Programs to help your buyers get into a home, you know how excellent the programs are, how easy to use they are and how they can often make or break the difference between your customer being able to purchase a home or not.

10/01/2008 is TOO LATE.  Please take a moment to support H.R. 6694 and fight to save down payment assistance.  In a market like this, we need all the help we can get to assist good qualified buyers into getting into a home.  These down payment assistance programs are TOOLS for your toolbox and not to be abused.  Only qualifying buyers are eligible to use these programs and they are an excellent source for your first time  home buyers.

Down payment assistance programs are not just a tool for buyers!  Your sellers can stand apart from the crowd by offering to make a contribution to the DPA program on the buyer's behalf at closing.  Over 1 million people have become homeowner's with these programs!  Offering a $7500 first-time buyer tax credit as part of an economic stimulus package and taking away DPAs sends a mixed message!  When the real estate market is depressed, we need all the buyer incentives we can get to encourage growth and repair during these fragile times.  Whether you're a buyer that used the program, a seller that contributed to a DPA, or someone in the real estate industry, please take a moment to save DPAs.

CLICK THIS LINK TO TAKE ACTION!!

 

 

Post here after you take action and let everyone know that you support HR 6694!!!

 

 

 

 

Angela Elliott is a licensed Florida REALTOR® with Century 21 Classic Properties in Gainesville, FL. Please visit my profile for more about me and browse my Gainesville, FL real estate website for additional Alachua County information and listings. Your phone calls are always welcome at (352) 256-7038 as are your e-mails to angela.elliott1@century21.com.  A portion of all my closed sales will be donated to the Alachua Co. Humane Society (View my mission statement).

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Angela Elliott is a licensed Florida REALTOR® with Classic Properties Realty Services in Gainesville, FL. Please visit my profile for more about me and browse my Gainesville, FL real estate website for additional Alachua County information and listings. Your phone calls are always welcome at (352) 256-7038 as are your e-mails to GainesvillePro@yahoo.com.  A portion of all my closed transactions will be donated to Second Chance Rescue and Rehoming: http://secondchancerescueandrehoming.org/

Kacem Benali Bethesda & Rockville REALTOR
Rockville & Bethesda Homes for Sale, I can help sell ur home - Rockville, MD

Great post, I'm with you Angela....

Rockville homes for sale. Rockville Realtor Kacem Benali

Aug 24, 2008 09:13 AM
Nancy Morgan
Century 21, Carole Realty - San Diego, CA

I totally agree with what you're doing to save these very important programs, so I signed up in support.

Aug 24, 2008 09:14 AM
Anonymous
Sheri

It would be a disservice to those who qualify for these programs if they were discontinued.

Aug 27, 2008 04:48 AM
#3
Andrew Monaghan
The Monaghan Group - Glendale, AZ
CRS, GRI, EPro Associate Broker
Not to be a downer but what about the old fashioned saving for a don payment approach, while seller assisted DPA programs help buyers get into homes the rates of foreclosures of homes purchased through this means is much higher than the people that have money in the home.
Sep 21, 2008 03:00 PM