Posted by Kiersten on July 26, 2001 at 10:49:23:
Ship is another word for county down payment assistance programs. This usually gets your buyer in for $1,000–they do require the buyer to have a minimum investment and that’s usually the magic number. It’s “free” so it’s really the best way to go but they do have to qualify based on income, it’s extra paperwork for the lender and takes a bit more time and the home usually has to pass stricter inspections than normal. I’m in Orlando and use their city and county programs and it’s a GREAT tool for the right buyer and house!