They “Duped” em. Down Payment Assistant Programs feeling slighted

August 21, 2008 by gotbob  
Filed under Buyer, Real Estate Topics, seller

I came across this video on a Loundon County Real Estate agents site.  I told you before about the Nehemiah and AmeriDream.   It has been in front of Congress for sometime now on the HR 6694FHA Seller-Financed Downpayment Reform and Risk-Based Pricing Authorization Act of 2008. The DAP will go away if this program passes.  You can contact your congress reps by going through AmeriDreams new website called SupportHomeOwnership.org.  This is one program that does not cost taxpayers any money.  This is funded completely through the agreement of the buyers and sellers.

Thanks Heather for the Vid.

Have a great day.

If you liked that post, then try these...

Open Houses for Labor Day Weekend on August 29th, 2007

Down Payment Assistance - How do I get it? on April 2nd, 2008

Housing Market in Frederick MD on September 17th, 2007

Rentals in Frederick County Maryland on August 22nd, 2007

Market Conditions Frederick MD on August 20th, 2007


Bob is a licensed Real Estate agent in Maryland and Pennsylvania. You can contact him via email at bob@gotbob4homes.com or call him on his cell phone at 240-285-4918.  He has been the Assistant Manager at the Mt Airy office for the past two years. Not only does he list and sell residential real estate, but can help you with your commercial real estate needs as well. He has been a resident of Frederick County for the past nine years.


Comments

4 Responses to “They “Duped” em. Down Payment Assistant Programs feeling slighted”
  1. Missy CaulkNo Gravatar says:

    I support them too and sent a letter in.

    Missy Caulks last blog post..Buyers Paying Sellers a Transaction fee NOT in Michigan

  2. gotbobNo Gravatar says:

    OK that’s two people supporting it…Thanks Missy.

    Anyone else?

  3. traceyNo Gravatar says:

    i support them! show your support by going to Visit http://www.DPAGroundSwell.org, a web-based community established to mobilize the growing industry opposition to the October 1 ban on seller-funded downpayment assistance (SF-DPA).

  4. TamiNo Gravatar says:

    I not only support them but I am trying desperatly to get my ducks in a row for a house we put a bid on months ago. The house is a short sale which takes forever and we have awesome credit but need the downpayment!! Hoping with congress meeting today they will pass a new law reinstating them.

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