SouthFair has transitioned itself not only as a developer but as a provider of services that enhances the lives of the South Dallas community. SouthFair has a Homebuyer Counseling Program where we help individuals and families become mortgage ready and to make the best housing decision for them. This service comes in the form of pre-purchase, one-on-one counseling and education. 90% of the home buyers who purchase homes developed by SouthFair come from our Homebuyer counseling program.
SouthFair’s involvement with its homeowners and the community is a wholistic one. Once the families have purchased their homes they can then participate in post-purchase counseling and workshops. These workshops vary in topic such as property value, community involvement and filing taxes as a homeowner. SouthFair recognizes the need for families to not only own a home but to also begin to work towards asset and wealth building. Our financial literacy workshops provide children, seniors and adults with the knowledge to make responsible financial moves.
SouthFair also lends its helping hand in other collaboratives. It established the Fair Park Estates Neighborhood Association (FPENA) for its homeowners and whom are committed to and successful at running their own association. SouthFair is also involved and/or participates in the Fair Park Merchants Association, Dallas Works Mayors Summer Youth Employment Program and its SouthFair Senior Care Program.
Home Buyer Counseling
SouthFair offers a myriad of free counseling and workshops that aim to help each individual make the best housing decision for them. We provide pre and post-purchase homebuyer education, which includes one-on-one counseling, credit education, and monthly follow-up to ensure they are moving in the right direction.
An initial assessment of mortgage readiness is completed which includes a detailed map of what needs to be done to increase the credit score to a level where the client is eligible for a mortgage. We encourage clients to participate in homebuyer education classes and workshops that SouthFair hosts or from other organizations.
We also counsel/coach clients to prepare them for homeownership to know what it means to be a homeowner, meet lender requirements, and understand down payment assistance programs that are available.
Home Buyer Counseling Forms
Financial Literacy Workshops
We provide financial literacy training to children, teen, adults, and seniors. These workshops provide education on money management, savings habits and student loan counseling.
Please find some of our recent Financial Literacy Workshop videos here.
Post Purchase Workshops
Our workshop follows the approved National Industry Standards for Homeownership Education and Counseling. We have a number of professionals that present on a variety of topics such as Wealth Building, Taxes & Savings, Community Building, just to name a few.
SouthFair Senior Care
The senior care program provides activities, information and services to its seniors to help them age in place for as long as possible. We currently offer these services to our current residents of our rental community. We hope to extend services to other seniors in the Malcolm’s Point neighborhood once there is additional funding
Fair Park Estates Neighborhood Association
SouthFair first created and established this neighborhood association in 2012. The objective was to have a neighborhood association that was active, listened and created opportunities to learn and show what it meant to be a good neighbor, address community issues, and connect with City representatives. Since 2015 the association has been run by homeowners. SouthFair continues to support the association.