RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Give Wisely This Holiday Season

December 4, 2014 12:03 am

The BBB Wise Giving Alliance (BBB WGA) and Better Business Bureaus across North America caution philanthropists about phony donation solicitations this season, recommending careful review of organizations before making a donation.

Ensure your donations will be applied ethically by following these tips:
  • Rely on rigorous evaluations. Charities can demonstrate they are trustworthy by undergoing a rigorous evaluation based on holistic standards, such as the 20 BBB Standards for Charity Accountability.
  • Watch out for copycats. Since there may be hundreds of charities seeking support for the same cause, some may have similar sounding names. Don't fall for a case of mistaken identity.
  • Consider the whole picture, not just finances. While financial ratios help in identifying cases of financial abuse, it's a mistake to use them as the sole basis for giving. A good ratio does not necessarily mean a charity is well managed, honest in its appeals, transparent about its activities, and effective in achieving its mission.
  • Avoid being pressured. Don't succumb to pressure to make an on-the-spot giving decision. Responsible organizations will welcome your gift tomorrow just as much as today.
  • Keep emotions in check. Donors need to be mindful that con artists will often strike when emotions are running high. Always take a moment to verify that your selected charity operates ethically.
Source: BBB

Published with permission from RISMedia.


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Most Adults in the Dark on Down Payment Assistance

December 4, 2014 12:03 am

A recent survey found that 70 percent of U.S. Adults are unaware of down-payment assistance programs available for homebuyers in their community, bearing out increasing concerns over the complexities of the housing process. NeighborWorks America, a national nonprofit community development corporation who commissioned the survey, is one of many assistance programs designed to help buyers achieve homeownership status.

"Down-payment assistance programs make home purchasing more accessible for first-time buyers," said Marietta Rodriguez, vice president of Homeownership Programs and Lending at NeighborWorks America. "In addition, because many down-payment assistance programs require homebuyer education, these purchasers tend to be more successful in the long term. Research has shown pre-purchase counseling helps reduce mortgage default and equips homeowners with the information they need to budget for other expenses and maintain their property."

Down payment assistance is especially helpful for homebuyers who are unsure about affordability because of student loan debt. Resources like NeighborWorks America and other housing programs are readily available for adults interested in purchasing a home.

Source: NeighborWorks America

Published with permission from RISMedia.


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