Do You Need Some Down Payment Assistance?

You CAN Purchase a New Home Now! This is the best time for first-time home buyers in Texas to shop for a new house. The Texas Department of Housing & Community Affairs has several great programs for qualified first time home buyers. You can even get up to 4% in down payment assistance in the form of a grant from the Federal government. The wonderful thing about grants is they are free money; they don’t have to be paid back. The real estate market is down from the June/July period a year ago. This makes it a buyer’s market. There are some very nice houses on the market at very good prices. Boot up your computer and start looking at the properties that are for sale and you will be pleasantly surprised at how inexpensive the beautiful homes in Plano, Allen, Frisco, McKinney, The Colony, and Dallas are. Many people worry about saving enough money to make the down payment to buy a house. The government grants are to be used for down payment assistance for new home owners. This subsidy can make the difference between being approved for a home loan and having the opportunity to own your own home. The requirements for the program are not owning a home and being able to be approved for a mortgage. The purchase of a home is one of the most important and largest purchases that anyone will ever make. So many people will never get this chance without assistance in making a down payment. The State of Texas also offers funding for home purchases to Texas Veterans. The Texas Veterans Mortgage Credit Program waives the first time home buyer requirements and down payments for qualified vets. Vets can purchase land or residential property under the program and be guaranteed a lower interest rate and affordable payments. Karen Richards, Broker, assists first time buyers with strategies, viewing, and purchasing Dallas Homes for sale, McKinney Homes for sale, Plano homes for sale, McKinney homes for sale and Frisco homes for sale.