New Down Payment Assistance Program for Texas coming June 09

By
Real Estate Agent with Century 21 Judge Fite

 

Texas Housing announces Down Payment Assistance

of up to $14,500 for a First Time Home Buyers*

 

 

The Economics Recovery and Reinvestment Act has released Billions of Dollars to stimulate the housing market in Texas. Buyers can have a family income of up to $150,000. Purchase price is limited to $417,000. Must be a first time homebuyer who has not owned a home in 3 years. The Down Payment Assistance Program pays for all of The FHA or Fannie Mae required down payment conditions and allows for up to 6% closing cost to be paid by the seller.

 

 

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Tags:
first time home buyer
forclosures
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real etate
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tax credit for first time home buyers

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