Hold Your Horses! DPA not going away without a fight.
By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
When I started in real estate in 2000 Down Payment assistance was available but seldom used. Homes were selling so fast that you had to write the cleanest offer possible, so you tried to keep closing cost to a minimum, your closing date short and absolutely no B.S. clauses in your contract. But then came September 11th and things changed, all of a sudden we started to see a slow down in sales and Down Payment assistance started to gain favor to get the sales moving again. Well, 8 years later DPA is now common place in most markets. The Housing relief bill just signed by President Bush is set to do away with DPA after October 1st. But not so fast, a new bill sponsored into congess wants to bring back DPA. If you are smart you will get behind this bill to keep DPA alive. Click the link be...
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