Helen Johnson

Attention all Homes for Heroes affiliates!

Attention all Homes for Heroes affiliates!

For you Homes for Heroes affiliates in the Twin Cities area pay attention. There is some serious coinage being thrown around by Minneapolis and St. Paul first time home buyers. A federal program called Take Credit is providing $8 million in federal tax credits. First time home buyers need to purchase a home in Minneapolis or St. Paul before December 1 in order to get an $8,000 tax deduction. According to the article only 130 first time buyers will be able to take advantage of this program. To get the details on the Take Credit program do the obligatory click here and read more.

To sweeten the pot and make it more interesting, the City of St. Paul’s Housing and Redevelopment Authority has just voted on a first time home buyers program. They are putting up $500,000 for 33 first time “Hero” home buyers that want to live in St. Paul. Veterans, Police, Firefighters etc. will be able to get up to $15,000 in a zero percent loan to use towards down pay or principal reduction. In fact, no payments are necessary until you sell the home or no longer use it as a primary residence. Even bigger news is that if the buyer lives in the home for 10 years the loan will be retired.

Spread the word, the tax credits and the 33 loans will not last long. This HRA program combined with the benefits of the Homes for Heroes program will surely make home ownership for our heroes an easier reality. This program will launch later this month, so get moving and get some heroes into homes.

This will link you to the HRA’s web site. Click on yesterdays date and the meeting notes will be there.

There are a few more details outlined in the attachment from the HRA meeting notes.

Okay, quit dilly dallying around and get your hero into these programs.

If you ask people living in the Dallas area, “where is one of the best places to work and live in Texas?” 8 out of 10 would more than likely answer Plano. Northwest of Dallas sits a relatively large “suburb” of over 200,000 happy residents. It boasts the lowest property tax rates in Texas and some of the best school systems in the state. One of those happy residents is now part of the Homes for Heroes family. Our network is growing and it is time again to introduce you to another Texan that that has thrown in his ten gallon hat to help our heroes.

Ladies and Gentlemen of the great state of Texas and fellow Americans it is Homes for Heroes honor to be able to introduce to you to James McDow.

James McDow

James has over a decade of experience putting together and closing loans. Having previously worked as a senior financial analyst and a REALTOR®, James became proficient at learning all of the angles involved in a successful real estate transaction. He also understands the vital part that the appropriate loan plays. James’ impressive attention to detail, ability to close almost any loan, access to a team of over 200+ lenders and his extreme tenacity, have all led to a very impressive repeat and referral rate.

James also has a degree in Finance, which adds to his repertoire of skills that are critical to being able to capture all of the right elements in order to find the perfect loan for his clients. James is a licensed mortgage broker and specializes in all types of loans including Conventional, FHA, and VA. He especially enjoys being an affiliate of Homes for Heroes because “closing those loans is especially meaningful and is a great way to ‘give something back’ to our heroes for what they do on a daily basis.”

When James is not working, he enjoys spending quality time with his wife and two young children. He does what it takes to get the deal closed and believes that, “If I can’t do it, then it can’t be done.” James is dedicated to researching all possible loan options until he is satisfied that he has the perfect loan for you.

So if you want that perfect loan closed, let Jame’s Texas tenacity get it done for you. You can contact him through the Homes for Heroes website.