[youtube=http://www.youtube.com/watch?v=g2CLQABK-S8] Seller funded down payment assistance programs are set to be eliminated by this fall, unless Congress approves the FHA Seller-Financed Downpayment Reform and Risk-Based Pricing Authorization Act of 2008 (H.R. 6694). The Department of Housing and Urban Development apparently would rather eliminate these programs entirely than regulate them. The video above is from Ameridream, and [...]
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A few days ago I wrote that Fairfax County was considering buying foreclosed homes as part of a Silver Lining Program to expand affordable housing for county employees. My point was that Loudoun County, with a high percentage of foreclosed properties, should look at what Fairfax is doing with an eye on implementing something similar [...]
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A fellow Realtor and blogger, Danilo Bogdanovic, is cycling in the Tour de Cure to benefit the American Diabetes Association on June 8th in Reston, Virginia. Please consider helping him reach his goal of raising $250 by visiting his site here and sponsoring him. Some employers are offering matching gifts, so make sure to check at the [...]
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