All Forum Posts by: Karen Kingston

@Carley M.

Thanks for the suggestion to the local NACA office. I called and I am waiting for a supervisor call back. I have his name and extension so I'll stay on top of it.

I definitely agree that the program is disorganized. I tried promoting this program years ago and had at least 5 buyers sign up online. I also sent in paperwork to get NACA referrals. NOONE ever got back to me or my customers...needless to say we just didnt use the program. I was hoping that things had improved somewhat.

If you can only get the program to flow it is really good for buyers. I had a tenant who moved from a 3BR apartment into a home using NACA and literally was saving about $300 paying her own mortgage vs paying my rent!!

@Mindy Jensen

NACA stands for "Neighborhood Assistance Corporation of America"

@Christopher Phillips 

Yes they've done the workshops already.  I'm supposed to do a webinar next week to get more familiar with the process.

Thanks Chris,

I appreciate the insight.  I definitely don't want to waste my time or theirs for that matter so I will definitely keep that in mind.  I think a regular mortgage is the way to go!!!!

Hello everyone,

I'm a real estate agent from New York. I work equally with buyers and sellers. This past month a past rental customer called me and said she was looking to buy a house. She proceeded to tell me that she's using NACA for the purchase. Great right? Wrong.....I was just able to get scheduled for a workshop to introduce me to the program which is next week but in the meantime, they viewed a 2 family home and want to submit an offer!!! None of the agents that I know are familiar with the program. My broker told me to try to find her a different program but they want to use NACA. So here goes....... I really just need some guidance , advice etc about the process. We got a home insurance quote already but is there anything else I or they need to do? How about agency? Do I need to act as a Buyers Agent? This is going to be interesting : ) Any help is appreciated.

Btw....she has a point of contact but it takes over a week to get a response. I would love for this to work out for them but in the back of my mind it seems more like a trial run to prepare to successfully close a deal using the NACA program somewhere down the line.

Thanks