Monday, September 10, 2007

New Grant Program to help Buyers with mortgage Assistance

For those that are thinking of buying a home can now get a grant that allows you monthly mortgage assistance (MMAP) through a non-government affiliated agency. This is a very creative solution to recent challenges in credit crunch and mortgage lending downfall. The program calls for easy qualification, and supports buyers with an opportunity to manage their budget for 24 months. In addition, the best part of this program is that it does not encumber your property with a lien or has any restriction on refinaces or even selling.

The program is also very attractive to sellers who may want to use this grant attached to their home when selling to attract more buyers and sell quickly. Sellers that I have talked to have given grave reviews on this exciting new program. They are pleased to see this creative program during this soft market conditions as more and more sellers have emerged in the east bay region.