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Down Payment Assitance Programs RIP | Plainfield and Naperville Real Estate Leave a comment »
Anyone who planned on using the down payment assitance programs of AmeriDream, etc... had better move quick!
As of October 1st, no down payment assitance programs will qualify for FHA financing. All FHA financing down payment assistance will have to come in the form of a gift via an immediate family member. No matter when the contract was written, all offer must close before September 30th to qualify for the down payment assistance. NO EXCEPTIONS!!! I have been working with a buyer that will immediately be disqualified if we aren’t able to write a qualifying offer by this Friday, August 29th… disappointing to say the least. If you require down payment assitance, don’t delay… you will need to be under contract no later than Friday Sept. 29th to close on your property!
http://www.chicagorealestateplainfieldhomes.com/0041F1      Comment on this article This post has no comments awaiting moderation. About This Post  Posted by julie.ferenzi : This post has 259 views and was posted on August 22, 2008 23:36:14
Posted in Mortgages, Buyers, Foreclosure Information |
XML Feeds Julie Ferenzi, Realtor
I am a veteran real estate agent serving the Chicago communities of Chicagoland, Plainfield, Joliet, Romoeville and Naperville. I specialize in helping my Chicago neighbors buy and sell their suburban luxury homes.
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