HOW DO I USE DOWN PAYMENT
ASSISTANCE TO SELL MY HOME?

The process is SIMPLE! You agree to:

1. 1. Pay the AFF* Service Fee. Fees are applied to the Dove Foundation's gift pool. This way, the Dove Foundation will be able to continue to provide down payment gifts indefinitely.

   2. Sign the AFF Enrollment Form at closing.

*American Family Funds, Inc. (AFF) is the administrator of The Dove Foundations Down Payment Gift Program. The Dove Foundation is a 501(c)3 charitable organization that meets all guidelines established by the HUD Handbook 4155 REV-4. AFF is a Founding Member of HAND, (Homeownership Alliance of Non-Profit Downpayment Providers, the DPA industry trade association). www.downpaymentalliance.org

	"Negotiated Real Estate Transaction"
	Fair Market Price	$100,000
	Sale Price:	$95,000	(5% drop in price)
	Realtor Commision	$6,650	(7%)
	Sub-Total:	$88,350
	Less Closing Costs:	$2,850	(3%)
	Net to Seller:	$85,500

	"Transaction with American Family Funds Gift"
	Fair Market Price	$100,000
	Sale Price:	$100,000	(5% drop in price)
	Realtor Commision	$7,000	(7%)
	Less AFF Fee	$3,500	(3.5% fee for 3% Gift)
	Sub-Total:	$89,500
	Less Closing Costs:	$3,000	(3%)
	Net to Seller:	$86,500

WHEN YOU ADD IT UP -

everyone wins!