CAR and SRAR continue dedicated efforts towards affordable housing.
BEVERLY HILLS, Calif. (May 17, 2019)- This past April, Bobby Karami of Rodeo Realty Calabasas helped his most recent buyers secure their dream home. How was this accomplished you might ask?
Through the CAR and SRAR Grant Fund. Karami applied for the grant on behalf of his buyers and both in turn received a check for $2,000 towards their HOA dues.
He went on to share with us that additional details of the overall process. Stating “They offered this grant for my buyers who bought after February and worked with a realtor”.
In the Golden State, the primary sources of home funding include downpayment loans and grants, mortgage credit certificates, sleeping seconds and bond-rate financing, In addition, many local, state and national housing assistance agencies offer programs to help first-time and low-income homebuyers obtain affordable housing.
Federal and state governments, local communities, and non-profit organizations offer homeownership assistance in the form of grants or gifts. These gifts don’t have to be repaid as long as borrowers meet the individual program’s requirements.
Southland Regional Association of Realtors®, in partnership with the California Association of Realtors® Housing Affordability Fund, is providing grants to qualified first-time home buyers up to six month of HOA dues, not to exceed $2000. Applicants must meet certain requirements, including income limitations
In addition to these grants on November, 2002, CALIFORNIA REALTORS® unveiled the Housing Affordability Fund, a non-profit 501(c)(3) dedicated to addressing California’s growing housing affordability crisis. In the midst of skyrocketing housing costs, REALTORS® were bearing witness to more working families getting pushed away from the American dream of homeownership. The Housing Affordability Fund was established to provide more options for first time homebuyers’ entry into homeownership.
With numerous resources for first time homebuyers, finding your dream home is even more seamless with dedicated agents like Bobby Karami.
About Bobby Karami
My path to the real estate industry was anything but direct. While the journey here has not been quick nor easy, it has made me the father, husband, and REALTOR® that I am today. I would love nothing more than to lend my knowledge and experience toward helping you with your real estate endeavors, but I don’t expect your business simply because of our relationship—I only ask that you take the time to interview me and see if I might be the best agent for you. Thank you for taking the time to learn about me. When you or someone you know is in need of a real estate agent, I hope you give me the opportunity to demonstrate my services and interview for the job.
Learn more about Bobby here.
C.A.R. Mission Statement
The purpose of the CALIFORNIA ASSOCIATION OF REALTORS® is to serve its membership in developing and promoting programs and services that will enhance the members’ freedom and ability to conduct their individual businesses successfully with integrity and competency, and through collective action, to promote real property ownership and the preservation of real property rights.
C.A.R. Vision Statement
The REALTOR® organization will be the pre-eminent source of essential business services and the association of choice for real estate professionals committed to excellence.
For more information regarding Homeowners Association Grants and C.A.R’s additional services click here.
To be the association of choice for real estate professionals.
The Southland Regional Association of REALTORS® is the “Voice For Real Estate” in the San Fernando and Santa Clarita valleys. Our mission is to provide products and services to our members so that they may successfully pursue the real estate profession with fairness, competency and high ethical standards, and, through collective action, promote the preservation of real property rights.
Founded in 1920, SRAR represents approximately 10,300 members and is one of the largest local REALTOR® associations in the country. All members of SRAR are members of the California Association of REALTORS® and National Association of REALTORS® and subscribe to a strict Code of Ethics.
For more information on S.R.A.R. click here.
About Rodeo Realty
Rodeo Realty is a residential real estate firm that has more than 1,200 licensed agents and brokers and 12 offices throughout Los Angeles and Ventura counties.
Rodeo Realty services various markets in Southern California, including luxury real estate markets. The company’s celebrity and other multi-million dollar listings are regularly featured in the news through several television networks, online sites and publications.
Operated under the direction and vision of a single owner, Rodeo Realty stands today as one of the largest independent real estate companies in the nation, while still maintaining the friendly approach of the neighborhood REALTOR®. As the largest independent real estate brokerage headquartered in Beverly Hills and operating throughout the Los Angeles area, with the highest sales volume, Rodeo Realty has the resources to provide the best tools in the industry to deliver the very best results.
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