Buying a Home in 2020 : What You Need to KnowBe informed! Read Important Information For Home Buyers below.

First Time Home Buyer Grants and Programs in Texas

The Texas State Affordable Housing Corporation (TSAHC) provides a variety of affordable housing programs aimed at:

  • Helping affordable housing developers build better housing for working families
  • Helping homebuyers achieve the American dream of homeownership
  • Helping homeowners sustain homeownership and improve their financial situation

 

  Homes for Texas Heroes Program – The Homes for Texas Heroes Home Loan Program provides home buyer assistance specifically to teachers, police officers, firefighters and EMS personnel, corrections officers, and veterans.

Visit https://www.tsahc.org/homebuyers-renters/homes-for-texas-heroes-program  for details

 

Home Sweet Texas Home Loan Program – The Homes Sweet Texas Home Loan Program is available for Texas home buyers with low and moderate incomes.

Visit https://www.tsahc.org/homebuyers-renters/home-sweet-texas-home-loan-program  for details


The Texas Department of Housing and Community Affairs (TDHCA) is the state agency responsible for affordable housing, community and energy assistance programs, colonia activities, and regulation of the state’s manufactured housing industry.

  My First Texas Home (MFTH)

  • Available to eligible home buyers from all professions
  • For eligible first time home buyers and veterans
  • Down payment assistance and closing cost assistance up to 5% of the mortgage loan
  • Combine with the Department’s Texas Mortgage Credit Certificate Program for maximum benefits!
  • The Texas Mortgage Credit Certificate offers a dollar-for-dollar reduction on a homebuyer’s federal tax liability

To learn more, visit  My First Texas Home page.

 

My Choice Texas Home (MCTH)

  • Available to eligible home buyers from all professions
  • For any qualifying home buyer
  • Down payment assistance and closing cost assistance up to 5% of the mortgage loan

To learn more, visit  My Choice Texas Home page.


The Texas Veterans Land Board  (VLB) provides low-interest loans to Veterans and Military Members in Texas.

VLB Veterans Land Loan Program

The VLB Veterans Land Loan Program is the only one of its kind in the nation—giving Texas Veterans and Military Members the opportunity to borrow money to purchase land at favorable interest rates and terms while only requiring a minimum 5% down payment.

To learn more, visit  VLB Veterans Land Loan Program page.

 

Veterans Housing Assistance Program (Home Loans)

In 1983, the Legislature created the VLB Veterans Housing Assistance Program to assist Texas Veterans and Military Members in purchasing a home.
Through this program, eligible Texas Veterans and Military Members have an opportunity to purchase a home with an unbeatable, low-interest loan with little or no money down.

To learn more, visit  Veterans Housing Assistance Program (Home Loans) page.


The City of McKinney Homebuyer Assistance Program

The City of McKinney Homebuyer Assistance Program

The City of McKinney Homebuyer Assistance Program provides down payment and closing cost assistance to low-to-moderate-income first-time homebuyers.

Assistance is provided up to $10,000 as a 0% interest five-year forgivable loan for down payment and non-recurring closing costs associated with the purchase of the new home.

The loan is repayable only if you refinance, pay off the first mortgage, sell or otherwise convey title to the property within the five year period.

You may be eligible if you meet the following qualifications:

  • You are a first-time homebuyer. A first-time homebuyer is an individual or household who has not owned a home in the last three years or is a displaced homemaker.
  • You are able to provide proof of U.S. citizenship or permanent legal resident alien status.
  • You are able to qualify for a mortgage loan with a private lender.
  • The debt-to-income ratio (“back-end ratio”) may not exceed 45%.
  • The housing ratio (“front-end ratio”) must be at least 20%.
  • You will reside in the home as your principal residence.
  • The home is located within the city limits of McKinney, Texas.
  • Your income does not exceed 80% of the Area Median Income.
  • You complete a HUD and City of McKinney-approved homebuyer class.

To learn more, visit  The City of McKinney Homebuyer Assistance Program page.


The City of Plano First Time Homebuyers Assistance and Educational Program

The City of Plano First Time Homebuyers Assistance and Educational Program

The City of Plano First Time Homebuyers Assistance and Educational Program (FTHB) is provided with funds from the U.S. Department of Housing and Urban Development (HUD), through the Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME).

 

The FTHB program is designed to assist eligible low and moderate income households to buy a home in Plano by providing down payment and closing costs assistance in the form of deferred payment loans.

 

Eligible homebuyer may select one of the two down payment options below:

Option 1. Community Development Block Grant (CDBG) funding, in the amount not to exceed $10,000, 0% interest (0% APR), deferred, forgivable loan, second lien position with a 5 year affordability period.

 

Option 2. HOME Investment Partnerships Program (HOME) funding, in the amount not to exceed $55,000, 0% interest (0% APR), deferred, forgivable loan, with a 30 year shared equity agreement

 

To learn more, visit  The City of Plano First Time Homebuyers Assistance and Educational Program page.


The City of Frisco currently offers a Down Payment Assistance Program for families employed by the city of Frisco.

The City of Frisco Down Payment Assistance Program

The City of Frisco currently offers a Down Payment Assistance Program designed to help low and moderate income families employed by the city of Frisco or the Frisco Independent School District to purchase a home in the city of Frisco.

 

Families with at least one adult working full-time for the city of Frisco or Frisco ISD for at least 6 months may be assisted in purchasing a home in Frisco. The program provides forgivable loans of up to $10,000 to qualified home buyers for the purpose of down payment and closing cost assistance.

 

Eligible households must be first time home buyers (with some exceptions). Income and purchase price limits vary by family size. The combined household income of all adults may not exceed $131,989 and the maximum sale price is $395,600 in order to be eligible for the program.

 

The Down Payment Assistance Program can be used with other first time home buyer programs to help make home ownership possible for almost everyone.

 

To learn more, visit  The City of Frisco Down Payment Assistance Program page.


Buying a Home in the Dallas-Fort Worth area

Want to buy a home in the DFW area?

Find out an important information that will help get familiar with the process of buying a home.

Real Estate Agent in Dallas-Fort Worth - Oleg Sedletsky

Welcome, my name is Oleg Sedletsky. I am a full-time licensed Texas REALTOR, GRI (Graduate Realtor Institute) at JP & Associates Realtors Brokerage.

I specialize in representing sellers and buyers of real estate properties in Collin County Texas and all of the DFW area.

For the best Real Estate Transaction outcome, it is critical to have representation.
When You Are My Client, My role is to REPRESENT YOUR BEST INTERESTS in a Real Estate Transaction!

My commitment is to help you with::

– Negotiating the best deal When BUYING A HOME
– SELLING YOUR HOUSE For the Best Price

My Service area includes: Frisco, TX – Plano, TX – Melissa, TX – Anna, TX – Blue Ridge, TX – Princeton, TX – The Colony, TX – Prosper, TX – Celina, TX – Lucas, TX – Fairview, TX – Rockwall, TX – Richardson, TX – Allen, TX – Dallas, TX – Flower Mound, TX – Van Alstyne, TX – Aubrey, TX and other cities in the DFW area.
Responsibility, Integrity, and Commitment are my three core values that drive the love and passion that I have for real estate industry when working with my clients.

My commitment is to help you to achieve your real estate goal quickly while providing you with an enjoyable experience.

Let’s do business!

Explore the important information for Home Sellers

Explore the important information for Home Buyers

Contact me today to ensure a personalized real estate experience that will make the process of buying and selling quick, comfortable, and satisfying.

Whether it’s your first home or a move to a larger house, as a full-time Real Estate agent, I’m here to help.

Buying Tip

As you begin, many considerations go into choosing the right property in the perfect location.  Here are questions to think about that will make your decision process easier.

  • What are your most essential criteria when it comes to location? Consider things like schools, neighborhood amenities, shopping, acreage, etc.?
  • What is your preferred condition of the home? Are you looking for a fixer-upper or something that is turnkey?
  • How much square footage do you need?
  • How many bedrooms/bathrooms would you prefer?
  • Do you want a pool on your property or will a community pool in the subdivision be suffice?
  • How long are you planning to occupy the property?
  • Do you have a specific move-in deadline?
  • What is the loan amount that you are qualified for?
  • Can you be pre-approved for a loan?

My goal is to help you find the right house that you can make into the perfect home.

I am eager and excited to be your local resource for finding the home of your dreams!

When You Are My Client, My role is to REPRESENT YOUR BEST INTERESTS in a Real Estate Transaction!

Let Me Help You Find and Buy A Home in Collin County.

Call 214.940.8149 to schedule an appointment

New Construction Home Opportunities in the Dallas-Fort Worth area

How to Buy A New Construction House in DFW-Want to buy a House in DFW Contact Oleg Sedletsky REALTOR - 214.940.8149

Looking to buy a New Construction Home in the Dallas-Fort Worth area?

I will help you to locate your new construction home in Lucas TX, Prosper TX, Celina TX, Anna TX, Frisco TX, Princeton TX, Melissa TX, McKinney TX, and other cities in the DFW area.

You don’t have to pay me anything. Just pick your desired location, and I will do the rest. Based on your criteria, you will receive personalized reports with the new construction homes that are available for purchase.

With new Construction Homes in some markets there are variety of incentives for buyers may be available. But very often the incentives are not advertised.

Below are just a few examples of incentives that may be available:

  • No closing costs
  • No payments for three (or more) months
  • Lower-than-market interest rates
  • Upgrade all appliances
  • Free Landscaping
  • Builder will pay property taxes for first year (or more)
  • Gift card of $250 to $5,000
  • Price cuts up to 10 percent on some new homes

Choose me, Oleg Sedletsky as your buyer agent and I will make sure you get all available incentives when you buy a New Construction Home in the DFW area!

Want to build a Custom Home in the Dallas-Fort Worth area?

How to Build a Custom Home in DFW-Contact Oleg Sedletsky REALTOR - 214.940.8149

I will help you find the best custom home builder!

Building a Custom Home in the Dallas-Fort Worth area could be your perfect opportunity to choose the desired location and have the house that reflects your needs and facilitates the enjoyment of owning the property.

Be aware that not all builders are the same! With my knowledge of the custom home building process, I will communicate with the builder on your behalf with your interests in mind.

Want to purchase LAND in the Dallas-Fort Worth area?

How to Buy A land for Home Construction in DFW-Contact Oleg Sedletsky REALTOR - 214.940.8149

Are You In The Market For Purchasing a Vacant Lot/Land?

Land is an exceptional property class that opens doors to a personal vision. It’s relatively easy to show a carpenter a workshop full of every tool imaginable and see their eyes light up.

However, it’s a more significant challenge to help a buyer or seller to realize the potential in an empty piece of land. Let me help you create your vision in the Allen, Frisco, McKinney, Plano, Prosper, Celina, Lucas, and Fairview real estate markets.

When purchasing a Land/Lot it is imperative to understand local zoning and land use restrictions.

Call or email me to start a discussion about your plans. Or, fill out quick form to tell me your property interest types and give me an overview of your needs.

Are you ready to buy a home in DFW?

– Let’s Do Business! Please Fill Out The Form Below

Contact Your DFW Realtor