American Dream Everyone Deserves A Chance

Dated: 12/17/2014

Views: 397



It's been a tough road for some in the last few years. Not knowing whether or not you would have a job or loose your home. Most who have gone through these tough times have started to rebuild and are sitting with the question "How long before I can purchase a home again?" 
According to a poll of the former foreclosure demographic, 81 percent had never heard of the "Back to Work" program.
Considering the importance of “Boomerang” buyers, the Federal Housing Administration recently implemented the “Back to Work” program. This program allows the purchase of a new property as soon as twelve months following a foreclosure or short sale provided that the borrower can prove that their prior default was the result of a financial hardship. “Financial hardship” is strictly defined as an employer-driven loss of at least 20 percent in income for six months or more. Although the program is definitely a step in the right direction, it leaves those who were self-employed out in the cold.
Don't give up on home ownership. It is the American dream. 

 For more information. Please contact me directly.
Your Realtor Sylviana Montano 916.216.4955 or [email protected]
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Natalya Zakharchenko

As a proud member of the Berkshire Hathaway HomeServices Elite Real Estate team, I represent one of the world’s most respected brands. That means you can be assured of receiving exceptional service,....

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