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Family Home Providers
"Helping Others to Live Better Lives"
 
FHP News Gift Funds Application
Real Estate Agent Builder Buyer Lender
 

 
Builder

WOULD YOU, AS BUILDER/SELLER, LIKE TO MAKE YOUR HOMES AVAILABLE TO BUYERS THAT WOULD NEVER BE ABLE TO PURCHASE A HOME WITHOUT THE FAMILY HOME PROVIDER PROGRAM?

As you know there are many buyers who have good credit and excellent employment making a good living wage. The problem is, they spend most of their income on the family and just plain living. They are unable to save the $2,500 to $7,000 need to purchase a home. Family Home Providers has solved that problem. As a 501 (3) c non profit affordable housing program, we are allowed to donate, as a gift, up to 3% of the contract price of the property to the buyer. There is no expectation or obligation of repayment of this gift from the buyer ever. There are a number of things that the buyer must do. Once they have been completed the requirements, the buyer is ready to close.

HOW DOES THE PROGRAM WORK?

Family Home Providers will donate a down payment of up to 3% of the contract price and wire the funds to the closing attorney 24 hours prior to the closing. After closing, the builder/seller will pay a 3% + $400.00 service fee to Family Home Providers from the seller's funds. The closing attorney will wire this service fee to Family Home Providers, 24 hours after closing.

You are now thinking, I have a 7% commission to pay, a 3% closing cost to pay, and I have to buy a warranty for the buyer. How much more money will it take to sell my house. Here are the reasons you should sell your home(s) using the Family Home Provider Program.

WHY IS THIS GOOD FOR THE SELLER?

  • The seller will have many more buyers looking at their property because it is a no down payment property.

  • The seller will write a contract price at the appraised price and their will little or no negotiation.

  • The seller will sell the house quicker because of the number of buyers available to this property.

  • The seller will not have the house on the market more than 30 before a contract is written, saving months of interest payments. That savings alone can be as much as $6,000.

This program is a Win for the buyer, a Win for the seller, a Win for the lender, a Win for the builder and a Win for the real estate agent, and a family will be able to realize the American Dream of homeownership.

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Family Home Providers
"Helping Others Live Better Lives"
6030 Bethelview Rd. Suite 202
Cumming, Georgia 30040
Toll Free : 800-704-3664
For information : info@familyhomeproviders.org
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