Renee, looks as if things are really popping in your market - that is very encouraging.

You know Renee, there may some truth in your observation on Banks, inventory and DPA. It's lit a fire and a call to action for sure.

Tim and Pam:  It is beyond busy!

Craig:  My head is ready to explode.  I don't know why I am here on active rain right now because I am tired of the long days/no days off!

Hmmm is right.  I am so glad you are busy.  That is such a good sign

Renee,

Thanks for the post. We are seeing the increase in activity as well. Hopefully, post October the Maxine Waters Bill will help to extend this option.

Renee - sounds like a good situation to be in, as long as the decisions are sound, appraisals work, etc. I understand there is increasingly a push to get inventory off the books by year end. Some evidence of that here and there. In terms of your HMMMM, I guess I say HMMMM.

Jeff

All I'm going to say about these banks is.....NO COMMENT!

Renee - we are seeing the same thing. I shudder to think what October/November are going to be like though - unless of course the DPA programs figure out a way to make the new $7500 loan credit work through their systems...

Pat:  Thanks :)

William:  The conspiracy side of me sees it coming back :)

Jeff:  All together now, HMMMMMMMMMMMM

Neal:  LOL I almost didn't write because I was wondering if I should :-x

Christina:  Oh boy another HMMMMMMMMMMM:  you may be on to something there!  I personally think if a renter can come up with Security, First Month, Cleaning, Application, Key, Pet Deposits what really is another 1/2 to 1 percent?  Especially with resale prices this low and a pressured rental market in my area + demanding landlords, it all still makes sense in most cases to make it happen even minus DPA.

Renee... interesting in regards to the conspiracy angle.  But in all honesty, I think the gov't is to stupid to even think about it. With an election coming up, I just think that they aren't using common sense to tell people that they are trying to help correct the market. 

Now, in regards to the DPA's.....  glad that it's making business pop. Mine hasn't increased anything differently because of this.  But I am focusing on helping Nehemiah and others to turn around the decision by congress.  In fact, I have been asked by Nehemiah to go down on the 9th of September, because there is a big rally on the 10th with some major speakers. They want me to put a group together, to see if we can make some noise the day before. Almost on a national level... so now I find myself in the limelight of things.... which is kind of cool. Good expsoure, right? 

In any case, conspiracy or not, I truly believe that this will be overturned ... but there will be some new guidelines to this... but hey, I am okay with this...  FYI... I will also be licensed in NV by Thanksgiving...  ;o)

Renee - We were going to purchase a home or condo before Sept 30th, but we are holding back for now. Thank you for the heads up and I like the post!

Jeff:  True that re: government being too stupid.  Keep us informed in regards to the rally too!  Ken Cook had another theory about DPA on his blog today.  You need to check it out!

Robert:  Good planning.  There is also a GLVAR 10% off "sale" for participating sellers mid October.  The market bears a little watching for that too!