1. United Texas: Housing Initiatives that Work The Texas Affordable Housing Specialist Certification is approved and endorsed by the Texas Association of REALTORS ®. This certification is not affiliated with or endorsed by the National Association of REALTORS ®.

2. United Texas: Housing Initiatives that Work Texas Veterans Land Board

3. United Texas: Housing Initiatives that Work Giving Texas R EALTORS ® the know-how to help more Texans become proud homeowners.

4. Course objectives Provide information to Texas REALTORS ® about state assistance programs that help make homeownership affordable and sustainable Provide contacts for state-specific programs Increase awareness amongst Texas REALTORS ® of programs and incentives Help Texas REALTORS ® work toward the goal of increasing homeownership in Texas Help homeowners achieve sustainable homeownership Help ensure that Texas REALTORS ® provide sound real estate advice

5. Texas Association of R EALTORS ® This course and workbook represent a valuable guide to housing opportunity programs in Texas.

6. Texas Affordable Housing Specialist (TAHS) United Texas is the cornerstone of the TAHS certification TAHS specialists are noted in member profiles on TexasRealEstate.com TexasRealEstate.com has free resources and marketing materials $22 of the $30 fee for the I Am A Texas REALTOR ® license plate is donated to the Texas Association of REALTORS ® Housing Opportunity Fund

7. TexasRealtors.com

8. Consumer marketing flier

9. TxHomePrograms.org

10. KeepMyTexasHome.org

11. Explains the foreclosure process Outlines actions to take Provides a search for short sale and foreclosure specialists Answers common questions Gives information for renters in foreclosure Includes a glossary of terms Provides additional resources

12. US foreclosures Source: RealtyTrac.com - March 2015

13. The US economy National unemployment – 5.4% 1 in every 1,082 homes in the US is in foreclosure proceedings (some stage) Top 5 foreclosure states: 1.Florida 2.Illinois 3.New Jersey 4.Maryland 5.Nevada Source: RealtyTrac.com – March 2015

14. Texas foreclosures Source: RealtyTrac.com – March 2015 Texas 1 in every 1760 Top 5 Counties Johnson Johnson 1 in every 816 Bell 1 in every 850 Wilson 1 in every 929 Kaufman 1 in every 935 Coryell 1 in every 942

15. Texas stats Homes for sale: 53,040 Median list price: $180,000 (up 1% from February 2014) Foreclosures: 1 in every 1,760 Median foreclosure price: $96,300

16. Income & employment 2014 Texas median income $97,500 2014 US median income $84,500 2014 Texas unemployment rate 4.2% 2014 US unemployment rate 5.4% Source: Bureau of Labor Statistics

17. Source: RECenter.TAMU.edu Texas sales  September 2014 – 24,702  September 2013 – 23,013  September 2012 – 19,269

18. Pluses for buyers Historic low interest rates Short sale and foreclosure inventory provide investment opportunities for buyers and investors to rehab housing A variety of home choices Possible financing programs and incentives Lower interest rates and stable prices mean a good investment opportunity Texas REALTORS ® can help buyers achieve a conservative housing scenario that will work with and not harm their financial situation.

19. First-time buyers… Are more loyal and appreciative Provide word-of-mouth referrals Build equity - increase their own personal wealth, and - positively impact the economy Relay their experience to others Move up the housing ladder and continue to buy from you!

20. We’ll take a few questions then have closing remarks from our committee chair. Contact - glang@texasrealtors.com Thank you for participating in today’s webinar.