Comments on: ADFA won’t issue loans against first time homebuyer tax credit http://positiverealestateprofessionals.com/ara/2009/07/01/adfa-wont-issue-loans-against-first-time-homebuyer-tax-credit/ Just another Positive Real Estate Professionals - A Real Estate Network weblog Thu, 18 Mar 2010 00:35:45 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ethan Nobles http://positiverealestateprofessionals.com/ara/2009/07/01/adfa-wont-issue-loans-against-first-time-homebuyer-tax-credit/comment-page-1/#comment-32 Ethan Nobles Thu, 02 Jul 2009 18:27:10 +0000 http://positiverealestateprofessionals.com/ara/?p=142#comment-32 Rich, here's another issue -- some bankers have grumbled that it's not terribly wise to essentially allow homeowners a way to get a "zero down" loan. Seems we had some trouble with that a couple of years ago... Rich, here’s another issue — some bankers have grumbled that it’s not terribly wise to essentially allow homeowners a way to get a “zero down” loan.

Seems we had some trouble with that a couple of years ago…

]]> By: Rich Dansereau http://positiverealestateprofessionals.com/ara/2009/07/01/adfa-wont-issue-loans-against-first-time-homebuyer-tax-credit/comment-page-1/#comment-30 Rich Dansereau Thu, 02 Jul 2009 15:35:23 +0000 http://positiverealestateprofessionals.com/ara/?p=142#comment-30 While I understand that there are a couple of other programs available, as cited in the letter from the ADFA, it seems that this could be another valuable tool for potential homebuyers, many of the various housing markets, and the overall economy. The implementation timetable seems to be the stumbling block. I don't know if a streamlined process could (or should) be implemented but it is something to consider as it might help to alleviate the timetable constraints. While I understand that there are a couple of other programs available, as cited in the letter from the ADFA, it seems that this could be another valuable tool for potential homebuyers, many of the various housing markets, and the overall economy. The implementation timetable seems to be the stumbling block. I don’t know if a streamlined process could (or should) be implemented but it is something to consider as it might help to alleviate the timetable constraints.

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