Help Texas homeowners with your vote

Homeownership is the best way for most people to build wealth, but many Texas homeowners can’t access the equity in their homes because of outdated laws from 20 years ago.

Thankfully, Proposition 2 on the November ballot is your chance to make changes to current law and help more Texas homeowners to access the equity in their homes

What will Prop 2 do?
Proposition 2 is a proposed amendment to the Texas Constitution that would modernize the way Texas homeowners can access the equity in their homes while maintaining the strong consumer protections in the constitution. .

Invite homeowners in your community to visit texansforprop2.com to learn more about home equity loans and how Prop 2 will help them.

Get the word out
Texans can vote early for Prop 2 between Oct. 23 and Nov. 3, and Election Day is Tuesday, Nov. 7.

Check out the REALTOR® toolkit at texansforprop2.com/realestate to find several promotional tools, including customizable fliers, a letter to your clients, talking points, and social media images.

 What else is on the ballot?
Texas voters will vote on seven proposed amendments to the state constitution that address a variety of issues.

Visit texasrealtorssupport.com to see the ballot language for all seven amendments and plain-language explanations of each.

Political advertising by the Texas Association of REALTORS® Issues Mobilization PAC

This entry was posted in Governmental Affairs and tagged , , , , , , . Bookmark the permalink.

6 Responses to Help Texas homeowners with your vote

  1. Prop 2: Not fond of the words ‘establish certain lender’ — is this an attempt to limit competition?

    Like

    • TAR Governmental Affairs says:

      Thank you for your comment. That language in Prop 2 clarifies that lenders must be licensed and regulated to make home equity loans.

      Like

  2. Greg Tidmore says:

    REALTORS BEWARE! Prop 2 is NOT good for homeowners as it will actually increase the amount banks can charge, will strip homeowners of the constitutional protections against foreclosure they now enjoy, and incentivize banks to make unnecessary loans.

    This REALTOR is voting NO, and so should you!

    Like

    • TAR Governmental Affairs says:

      The Texas Association of REALTORS® supports Proposition 2 because it provides more options for Texas homeowners wishing to access the equity in their homes while maintaining the strong consumer protections currently in the Texas Constitution. The current requirements and qualifications needed to take out a home equity loan will not be changed. You can find more information on these and other points at TexansForProp2.com.

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  3. Carolyn says:

    Thanks Greg looks like is a bad idea for homeowners and an easy way for the banks to increase their money. The same way that they took our rights as a patient and protect the doctors but they sold it like smaller copayments for us

    Like

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