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Neighborhood Stabilization Program

By
Real Estate Agent with Weichert Realtors - Hallmark Properties

The new Neighborhood Stabilization Program is getting relatively little notice and may have a greater impact over the next 3 years than all other government based Down Payment Assistance Programs combined. That's without even considering the impact of the additional funds for this program in the Stimulus Package winding its way thru Congress. Buyers and Real Estate Professionals alike should become familiar with this program where people who don't presently own a home and meet income guidelines can buy repaired/rennovated foreclosed homes at below appraised value with assistance toward closing costs and down payment. I can describe the program conceptually in about 30 pages, I'd rather answer questions... Ask away!

Comments(5)

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Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello William,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to you!

-Keith

Feb 11, 2009 10:19 AM
Vicente A. Martinez
Prudential Douglas Elliman Licensed Real Estate Salesperson - Woodhaven, NY
Realtor, Brooklyn - Long Island - Queens Homes

Hi and welcome to active|rain.

There are thousands of tips, tools, and tricks of the trade here. Be sure to check them out. Best of luck and see you around.

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Feb 11, 2009 11:58 AM
Ted Mackel
Keller Williams Realty Simi Valley - Simi Valley, CA
Simi Valley Real Estate Agent

Welcome to ActiveRain. Congratulations on your first post. Get around and check out the community, you'll quickly figure out how to supercharge your blogging skills. 

 Read this blog post: http://www.activerain.com/blogsview/535552/Three-Mistakes-Newbies-to

Feb 11, 2009 01:52 PM
Sergio Rebollo Jr.
Real Estate TeamMates - Miami, FL

William......Welcome to ActiveRain.  This is a great community to network with others as well a great place to learn from other's experiences and knowledge.  I've enjoyed it; I hope you enjoy it as well.

Sergio Rebollo Jr.
Exit Prime Realty
Coral Gables, FL  33146
305-582-4062

Miami Short Sale Specialist - Profile

Feb 11, 2009 02:07 PM
Everard Korthals
---Preferred Lifestyle Advisors--- - Lancaster, PA
Mountain Realty

Welcome!  If ever you were to have any questions then feel free to contact us and we'll try to help. Please take a look at our blog. for links to valuable information in our blog that you can use to navigate this extensive network.  

It'll be interesting to see what's buried deep within the stimulus package.

We hope you have a great day, All The Best- 

Sincerely, ( Active Castellum ( Castellum Realty llc - Lancaster PA Real Estate )

Feb 11, 2009 07:11 PM