Las Vegas Realtors Kendall Trotter and Steve Hawks discuss the last days of the FHA down payment assistance programs. Buyers waiting for whatever reason who need down payment assistance now have ONE huge reason to buy a Las Vegas home now unless congress passes another bill soon which doesn’t seem likely at this time. After nearly a decade of helping renters become homeowners the FHA down payment assistance program will be gone October 1st 2008. Las Vegas home buyers that have good credit but lack a down payment have to act quick to take advantage of this soon to be extinct loan program. The duo also discuss that even some critics of FHA down payment assistance program agree now is not the time to end the program. The FHA down Payment assistance program has led the way in the absorption of many Las Vegas bank owned homes and foreclosures. Close to 40% of all FHA loans involve down payment assistance in Las Vegas. Some believe it has also help ease the free fall of prices in FHA price ranges. If your looking to take advantage of this program to buy a Las Vegas home contact real estate experts Kendall Trotter and Steve Hawks.

Duration : 0:5:22

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