Today there are many programs available to assist folks to either stay in their home or buy a new one.  The following is a short list of programs which may work for some who are having trouble with their mortgage payment or want to buy a new home.

      First-time Home Buyer Tax Credit

      This is the $8,000 tax-credit program for folks who are first-time home buyers (i.e., you have not owned a home in 3 years of longer).  www.federalhousingtaxcredit.com

      Homeownership Incentive Program

      This program provides a low-interest low of up to $12,000 for closing costs and down payment www.sanantonio.gov/nad/LendDiv/DownPayment/homeownerpro.asp

      Texas Mortgage Credit Program

      This is for first-time bueyrs to deduct up to $2,000 of annual mortgage interest.

      www.myfirsttexashome.com

      Home Affordable Refinance Program

      This program helps borrowers who home val has declinedto refinance their existing mortgage.

      www.makinghomeaffordable.gov

      Home Affordable Modification Program

      This program is designed to assist in helping to avoid foreclosure by reducing monthly home payments.

      www.makinghomeaffordable.gov

       As with any home transaction, whether buyer or seller, my recommendation is to always use the services of a real estate professional to assist you in this important family event.

      As always, call me at (210) 273-9082, with any questions, without obligation.