Educating sellers and real estate professionals
Simply put, the home seller and/or the real estate agent should view the charitable Down Payment Assistance programs as a marketing tool to attract more potential homebuyers. The pool of potential buyers would increase by as much as 40% just by offering your home as a "Zero Down Payment" listing. As a seller, using "Zero Down" to market the home does not obligate you to selling the home through the Down Payment Assistance organization. You set the parameters to what would be an acceptable offer. Again, look at our example transaction and see how the seller was able to make more money just by selling the home at list price.
For more information about selling your home using Down Payment Assistance, many of the charitable organizations can provide you with sign riders that will help advertise your home as a "zero down payment" house.
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