Home from Work Program

Monday, June 2nd, 2008 | Money, Real Estate | No Comments

I attended a real estate class a few weeks ago. I was so impressed with this new program that I am flying to Texas later this month to become an instructor. Let me preface this by saying that the majority of people I speak with have significant misinformation on current down payment requirements, available programs, how to avoid foreclosure, and even the important benefits of home ownership.

The class was an introduction to an exciting program called “Home from Work.” HUD (U.S. Department of Housing and Urban Development) originally developed the program and the NAR (National Association of Realtors) has partnered with HUD to get the information to employers. It is an outreach program to bring current accurate information into the work place. Three huge issues are addressed.

* First time homebuyers – programs, advantages, the process, credit, qualifying, etc.
* Foreclosure and financial services designed to help with hardship situations.
* Employer involvement to the extent an employer will see benefit and assist their employees.

The program can be brought directly to the employees in the form of a workshop with one-on-one counseling to follow up.

It looks to be a great program that brings together non-profit organizations, Realtors®, employers and employees. A real win – win – win – win situation.

Tags: Home from work, investing, mortgage, Phoenix real estate, Real Estate