March 2011

THE ITMO PROGRAM IS SEEKING EXPERT REO BROKERS AS PART OF ITS NATIONAL LAUNCH

The ITMO Program

The ITMO Program is an affordable homeownership housing program under which American Housing Initiative Program (“AHIP”), a company managed by WindCrest Real Estate Group (“WindCrest”), cooperates with local government agencies to acquire and rehabilitate Qualified Properties and to sell those Qualified Properties to qualified homebuyers with secondary financing for homeownership assistance.  “Qualified Properties” are distressed properties, including: (1) “Real Estate Owned” (REO) properties that are vacant and foreclosed; (2) properties listed at trustee sale or foreclosure auction; and (3) short sale properties.

WindCrest Real Estate Group

WindCrest is a residential real estate services company offering private-sector solutions to the residential foreclosure crisis, the lack of cash and financing available to qualified homebuyers, and the needs of cities to return foreclosed properties to tax-paying status and improve the condition of their neighborhoods.The WindCrest Executive Team is headed by Co-Founder and CEO Don Harris. Mr. Harris is the founding Chairman and Chief Executive Officer of Nehemiah Corporation of America (“Nehemiah”) and the creator of “The Nehemiah Program,” a down payment assistance program that revolutionized FHA mortgage financing and caused Realtor Magazine to recognize him as one of the “25 Most Influential People in Real Estate” in 2003.  Through Harris’ vision and leadership, an entire industry evolved utilizing the “Nehemiah” model of down payment assistance. This industry represented nearly 40% of all purchases originated using FHA loans during recent years.

Seeking Expert REO Brokers

WindCrest is currently seeking expert real estate brokers to participate in the national launch of the ITMO Program.
 
Selected brokers will be extended an exclusive agreement to represent AHIP as its agent within agreed zip codes to acquire Qualified Properties and to sell those properties to qualified homebuyers.

ITMO Brokers must have: 

• Extensive REO experience; and
• Letter of recommendation from an official of a local government agency

To obtain an ITMO Broker Application, contact Kevin Jones, SVP Sales and Marketing, at kjones@windcrestreg.com or at (888) 233-8550.