NOTICE:  WE HAVE TOO MANY APPLICATIONS FOR THIS PROGRAM AT THIS TIME AND WE ARE TEMPORARILY NOT ACCEPTING NEW APPLICATIONS.    YOU MAY COMPLETE THE FORM ON THE  CONTACT PAGE AND WE WILL NOTIFY YOU WHEN THE PROGRAM IS OPENED AGAIN.
Welcome Back to the Neighborhood!   For Reno NV  Area wannabe Homebuyers Again

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The damages to families resulting from foreclosures are twofold: displacement and loss of intergenerational wealth.  First, the disruption and upheaval associated with being evicted from one's home, and the effects this displacement can have on a family's education, health and employment, are major impacts.  Second, the loss of homeownership and its accompanying tax benefits and wealth is significant since homeownership is the primary means by which wealth is transferred to future generations.

RealtyTrac®, the leading online marketplace for foreclosure properties reports that for the third quarter of 2010, there were 930,437 foreclosure filings.  This is nearly four percent higher from the previous quarter but a one percent decrease from the third quarter of 2009. One in every 139 U.S. housing units received a foreclosure filing during the quarter.  So if you’ve lost a home, you are not alone.   

Wouldn’t it be nice to know that you are working towards buying again vs. throwing your money away on a typical rental?  The Home Again program is a new, lease-to-own program for former homeowners who have lost their home due to foreclosure or having to short sell their property.

The single greatest benefit for the buyer in the Home Again program is that a small amount of cash is due up-front, making the purchasing of a home a viable option for those who might otherwise not have this possibility financially. By slowly accruing  the down payment while renting, the lessee avoids going into significant debt to obtain the cash for closing on a  new home. 

In addition to the financial advantages of a lease option, you also benefit by living in the neighborhood and the  home you might want to purchase. 
  
Home Again offers:
·   Lease-to-Own designed to help people get back on the ownership track;
·   Lease up to six years in a home of your choice while re-establishing your credit and financial stability; and
·   Buy in two-six years at pre-determined pricing!

Sierra Home Investors will:
·   Work directly with you to find a home you’ll be proud to call your own; 
·   You will approve the purchase price; and
·   Sierra Home Investors will purchase the home making any needed repairs and energy efficient upgrades.

Is Now the Time to Buy?

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If any of us had the crystal ball – it would be unlikely that we’d all be in this predicament.  And while no accurate prediction can be made nor promises as to future value; while the media coverage can often be negative, there are many indicators that lead us to believe we may see an end to the recession soon. 

There are so many anxious homebuyers who want to buy at today’s prices, but aren’t qualified for a mortgage based on a hardship resulting in foreclosure, short sale or even bankruptcy.   Are you ready to jump back in?