TAKE ACTION FOR DOWN PAYMENT ASSISTANCE TODAY

Here is a link to send a letter to your representatives about down payment assistance. Click the link below and put together an email in your own words. Act now before the special interest groups win this fight.

http://takeaction.supporthomeownership.com/ahaa/issues/alert/?alertid=11521436&PROCESS=Take+Action

My letter is below:

Thank you for using Association for Homeowners Across America (AHAA) Mail SystemMessage sent to the following recipients:
Governor Napolitano
Representative Mitchell
Senator Kyl
Senator McCain
Representative Kavanagh
Representative Reagan
Senator Allen

August 26, 2008
[recipient address was inserted here]Dear [recipient name was inserted here],
You must understand there were very few FHA loans from 2004 to 2006 due to high home values and low FHA loan limits. They did not fuel this boom bust event, GREED did! Today, 82% of home sales in metro Phoenix are FHA loans and 50% of those are down payment assistance, DPA. The first time home buyer was locked out of the market due to the boom. They are now saving the market as they buy homes at pre-boom pricing. What will happen when 41% (82% X 50%) of the home buyers are removed from our weak market????? This is the best time to let these kind of buyers into the market. Home values are below the cost to build a home, not counting the land. They will have equity as the market strengthens. REINSTATE DPA program for the good of ALL the AMERICAN citizens!
Sincerely,
Jeff Cameron
480-502-7699