Posts Tagged ‘Loans’

FUN (Friday’s Unique News)

Saturday, May 24th, 2008

There is an unique and interesting loan program that helps sellers sell a home and buyers to purchase a home with little down payment.

This is the Nehemiah Program and works for the majority of current buyers. It is available to first-time buyers and repeat buyers for both new and resale homes. As hard as it is to believe, there are practically no limitations and any home in any area can qualify.

The buyer is gifted six percent (6%) of the purchase price through the Nehemiah Program and the seller pays that amount and a small service fee back to the program at the close of escrow. The seller needs to take the amount he will giving back to the program into consideration in the purchase price.

It looks like a Win Win propostition for both the buyer and the seller. The buyer can purchase a home with little or no down payment and the seller can use the offer to help make his home desireable to more buyers

Good House Buying and Selling!.