Rich Response
In the words of Rich Rector,
President & CEO of Realty Executives International

REALTY EXECUTIVES International introduces HOMEWORKS Program for teachers





On Saturday, I unveiled a new program called "HOMEWORKS - Opening Doors for Teachers." This is a national program designed to help teachers buy houses.

I feel like teachers have a huge impact on our future, but our society has chosen to pay teachers poorly. I wish I could do something about that problem, but I don't really know how to. So I invented HOMEWORKS, which is a grouping of a number of loan programs that are designed to help teachers to buy houses, or refinance houses they already have. Most of these programs will allow teachers to have about 30% more buying-power than they could have had otherwise.

In addition, we have arranged for "bundled" closing packages through First American Title which reduces closing costs for teachers by about 20%.

If you are a teacher, know a teacher, or are related to a teacher, you need to let them know about this program. With the market slowing in many areas, prices may be more flexible, and there are many more homes on the market right now, making it the perfect time for teachers to buy homes that they may not have been able to buy in the past few years. Contact me at: richrector@realtyexecutives.com for further details.

I do know that affordable housing remains a big issue in many areas, but this is one small step that can help our teachers live in homes closer to their work, and in neighborhoods that are suitable to their lifestyles.

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