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"Get Your House In Order"- Home Buyer's Seminar Schedule:

Michael Tolbert with Heritage Land Realty and Twalla Simmons with IFS Mortgage present the “Get Your House in Order” Home Buyer Seminar this coming Thursday, March 30 at 5:30pm at The Tyler Metro Chamber of Commerce office at 2000 W. Gentry. Home ownership is the largest component of household wealth for most families. Come learn how you can get yours. This seminar will cover topics such as The Home Buying Process, Finding the Right House, What Will It Cost, Credit Scores and Getting The Right Loan. Admission is FREE. Please call (903) 372-7373 to register and reserve your space for this priceless learning opportunity.
Admission is FREE
- Where do I start?
- How much can I buy/afford?
- What about credit scores?
- Where can I get help with down payment/closing costs?
- How do I get pre-qualified for a mortgage?

Get answers to these and other questions!

Please complete the information below to Register.
Your Information
Name: Phone: E-Mail:
Interested In:
Additional Comments
(If you are interested in a specific listed property, please include the MLS number.)


Nehemiah Program

Let us help you achieve the American dream:

  • Gift funds up to 6% of the final contract sales price towards your downpayment and/or closing costs
  • Gift funds for both first time and repeat homebuyers
    (Nehemiah charges a nominal processing fee that may be paid by the seller, homebuyer, or lender.)
  • Gift funds for both new construction and resale homes
  • No repayment of gift money
  • No income or asset limits
  • No geographical restrictions

If you are a qualified homebuyer using an eligible loan program, such as an FHA loan, you may be able to move into your new home with zero cash out of pocket! The Nehemiah Program can help you become a homeowner!

City of Tyler Home Ownership Initiatives

Downpayment or Closing Cost Assistance Program
The City of Tyler Neighborhood Services is pleased to offer a "Comprehensive Home Owner Initiatives Changing Environments" program for down payment or closing cost assistance to first time buyers of existing single family residential units. This program assists low to moderate income persons and families to purchase a home. Please click on the following links to learn more:

Application.pdf

Housing Choice Voucher Home Ownership Opportunities
The Housing Choice Voucher Home Ownership Opportunities initiative allows a family's rental assistance payment to be utilized as a mortgage payment to buy a house. The City of Tyler announced this new program on April 24 with a ground-breaking ceremony at 1823 Grand Ave.

NEW PROGRAM MAKES HOME PURCHASE EASIER

AUSTIN (PRNewswire) – The Texas Department of Housing and Community Affairs’ new program, the Loan Star Mortgage Program, is designed to help borrowers overcome the two primary barriers to homeownership — lack of down payment funds and qualifying income.

The program offers eligible Texans up to 8 percent of the purchase price in down payment and closing cost assistance in the form of a repayable second lien loan with as little as $500 of their own money down.

Under the Loan Star Mortgage Program, a qualified buyer purchasing a $150,000 home could receive up to $12,000 in down payment and closing cost assistance. The program is available to eligible borrowers with income levels up to 115 percent of the area median income for the county where the property is located.

Interested homebuyers can visit http://www.myfirsttexashome.com/ to learn more about the program or call 800-792-1119 to find a participating lender.



(Feb. 5, 2009) Last evening, the United States Senate unanimously passed a bipartisan amendment, offered by REALTOR® Champions, Senators Johnny Isakson (R-GA) and Joe Lieberman (ID-CT) to the Economic Stimulus Bill creating a $8,000 tax credit to individuals who purchase a home in the next year.

Specifically, the Isakson-Lieberman amendment to the pending economic stimulus bill would provide a direct tax credit to any homebuyer who purchases any home. The amount of the tax credit would be $8,000 or 10 percent of the purchase price, whichever is less. Purchases must be made within one year of the legislation’s enactment, and the tax credit would not have to be repaid.

The amendment would allow taxpayers to claim the credit on their 2008 income tax return. It also seeks to prevent misuse by only allowing purchases of a principle residence and by recapturing the credit if the home is sold within two years of purchase. The amendment would sunset the current $7,500 housing tax credit on the date of enactment.

While the final details of the Stimulus Bill are still being debated, this amendment represents a tremendous step forward in NAR's efforts to stabilize housing markets around the nation. Because of the efforts of REALTORS®, we expect the final Economic Stimulus Bill will contain several major housing provisions. We will continue to update you as the bill progresses through the legislative process.



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