Greater Lakes Association of REALTORS®

Monthly Archive for: ‘June, 2016’

NAR Call for Action: Urge your Senator to bring HR 3700 Housing Opportunity Through Modernization Act of 2016 to the Floor of the Senate!

Tell the Senate to Get to Work for Future Homebuyers

Key Talking Points

H.R. 3700 was passed by the U.S. House 427-0. Despite passing with NO OBJECTIONS, the U.S. Senate has not acted on H.R. 3700.

This legislation provides significant benefits to taxpayers, homebuyers and the real estate market by:

  • Removing a burdensome and expensive FHA Condo approval process
  • Reducing FHA restrictions on the number of condos available to homebuyers
  • Permanently streamlining Rural Housing Service loan processing

More Information on NAR’s efforts to pass H.R. 3700:

CLICK HERE TO RESPOND TO THE Call For Action Today!

 

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