Home Buyers Round Table News

No Meetings in July or August - read update below

HBRT Habitat Build

Our first build date is July 8th! We had so many volunteers that we added July 16th to our calendar. If you are building on the 8th you should've received an email from Habitat. If you didn't receive an email, you'll receive one for the 16th. Thank you so much for showing your support!

July and August Meetings - And September Elections!

Our industry is so busy during the summer that we always take a break in July and August. In September, we have our big Annual Membership Meeting that will inform you on our goals for 2015 and the results of our elections.


Speaking of elections...We have a position opening up on the Board for a non-profit member and some for re-election. If you'd like to run for this position, please contact me at shelley@homesteadtitle.net and we'll add you to the elections.


Be sure to watch for a ballot from Ellen Bernards in the coming weeks!

UPCOMING EVENTS

  • Movin' Out and RASCW MALLARD'S TAILGATE - This is an annual event that raises money for Movin' Out. HBRT is a sponsor again this year and we have 4 tickets available for any member who would like them - firs come, first serve! It's a great event and if you or your company would like to sponsor or purchase some tickets, contact me at shelley@homesteadtitle.net


  • Project Home is offering some fun summer events (too many to list!)!

Go to www.projecthomewi.org for the event details.


  • RASCW's RPAC Arts & Crafts Event - July 15th, 2014, 5:00 - 7:30 pm at Quivey's Grove. "Enjoy the company of your peers, enjoy the food and drink and the grounds at Quivey's Grove. Don't forget to buy that item for yourself or that special person."


  • Women's Council of Realtors Annual Golf Outing - July 23rd, 2014, at Coachman's Golf Resort!! Come have fun, great networking, prizes and more!! Click this link for more information.

Leopold/Arbor Hills Mortgage Reduction

For a limited time the City of Madison Community Development Division will be offering assistance to purchase homes located in the Leopold Arbor Hills Planning District. A deferred payment loan of up to $10,000 is available for individuals looking to purchase single family, condo or ½ duplex. The household has to meet income and underwriting requirements of the program. Attached is an information sheet of qualifications.

Benefits of the program:

  • This loan can be stacked with other down payment assistance programs available in Dane County, such as Home Buy the American Dream and Down Payment Plus (if borrower qualifies for other programs).

  • There is NO interest or share of appreciation that is due when the loan is repaid.

  • Affordability example: Purchase price of $85,000 with stacking Leopold program of $10,000 and DPP of $8,000. Homebuyer would have to qualify for first mortgage at $67,000. Monthly housing payment estimate $760 and LTV at 78%.

Funding is limited, there is currently funding for up to six loans. The program was developed from comments of residents and neighborhood stakeholders during the Neighborhood Planning process for the area. More information can be found at www.cityofmadison.com/homeloans under First Time Home Buyer or you may contact lrhodes@cityofmadison.com or 608-261-9240.

Habitat for Humanity

Below is information on what the Unlock the Dream Tour is. Please come and feel free to invite anyone you think would enjoy hearing about what is Habitat for Humanity.

On your Unlock the Dream Tour, you will:

Hear a Habitat homeowner’s personal story about how owning a Habitat home has had a positive and lasting impact on their family.

§ Hear about our work firsthand and learn more about our mission to transform neighborhoods by empowering families and engaging community partners.

§ We promise two things — each tour will take no longer than one hour and we do not ask for financial donations. Tours are to inform and inspire.

All tours take place at the Habitat for Humanity of Dane County office at 1014 Fiedler Lane, #29, Madison in our Harmony Park neighborhood.

Register online http://habitatdane.org/tour/

or contact Amy Good at agood@habitatdane.org or 608-255-1549, ext 106.

Upcoming tour dates are Thursday June 19 at 5:30pm

Wednesday July 2 8:00am

Thursday July 17 5:30pm

Wed August 6 8:00am

Thursday August 21 5:30pm

Thank you,

Angie Grim

RASCW out of funds????

Kristine from RASCW stated that they are getting close to being out of funds but they always have some trickling in. So she suggests that when you get a buyer, call and check their status.

Last but not least...

If you have any questions or comments on any of the above information, don't hesitate to give me a call or shoot me an email.

Enjoy your summer!

Shelley Reynolds

me@homesteadtitle.net

608.467.4600