Check out this post that clarifies the current down payment assistance issues. The gist of this post is that down payment assistance is not being banned, but seller-paid downpayment assistance is. This is because sellers will hike up the price the amount of the “gift” and, essentially, screw the buyer.

This entry was posted on Monday, July 2nd, 2007 at 11:52 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.