VIPHomeShop.com was created to help investors purchase and restore foreclosed homes and allow new borrowers to achieve affordable homeownership and build long-term equity value. Providing an opportunity for families to purchase homes on an affordable monthly payment plan can help stabilize neighborhoods, put children in schools and provide the opportunity to build substantial equity. VIPHomeShop.com is powered by Real Estate Property Services, LLC.
- Truly affordable home ownership provides stability for individuals and families alike.
- Opportunity to purchase a home with credit quality below that which is acceptable for government finance programs.
- Housing payments may be cheaper than renting which provides families with additional disposable household income
- Helps build or rebuild a credit history for new home owners
How it Benefits the Home Buyers
- Home ownership diminishes rental city blight (in rental-dominated communities, residents don't have a vested interest in their neighborhood and community and tend to be less involved with the schools).
- Establishes a benchmark for home prices in low-to-moderate income neighborhoods which could enable traditional lenders to re-enter the market.
- Stability provided by home ownership helps drive property values up, resulting in increased property tax revenue.
How it Benefits the Community
VIPHomeShop.com is powered by Real Estate Property Services, LLC