Are you a developer in Florida and you are looking to build some residential developments but can't figure out the sales angle?
Look no further than affordable housing. Building in the $150,000 - $275,000 range was definitely neglected over the past years of real estate boom. Now it is not only a much needed niche market, but it is a market that has a lot of potential for sales.
Look at it this way... what do buyers want in affordable housing?
Affordable housing isn't sold by pretty pictures and huge events to blow out the units... it is sold in the Financing packages available.
If a builder can work with state and local housing authorities as well as lenders and mortgage brokers, creative financing packages can be the highlight of the marketing materials.
Buy $0 down!!
Wow... better than a huge 6-figure number on your brochure!
Between FHA, Fannie Mae and Freddie Mac, there are many loan programs available to LMIB - Low Moderate Income Borrowers - who can now move from Renter to Home Owner!
For More information - read the full article at -o-> Florida Mortgage | Affordable Housing Marketing
More Florida Mortgage and Real Estate News You Can Use From
David A. Podgursky, MBA
TheMortgageGoToGuy.com
Your Source for Residential, Commercial, Investment and Relocation Mortgages in Florida
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