Home Buyer Information

Financing
     Bank Contacts
          As a builder with a long tradition of building single family
          homes, Tesco has established relationships with several
          banks to recommend to you.  Contact the Tesco Showroom
          at 216-812-3500 to start your financing process today.
     Tax Abatements
          All Tesco projects offer tax abatements or a period of
          time during which taxes on the unimproved value of the   
          land are not accrued or owed.  The tax abatement period 
          for new construction is fifteen years and ten years for 
          rehab work.
     Low Interest Loans & Pre-Approval
          Many banks put forth low-interest loans in conjunction with
          pre-approval commitment so you know how much you have
          available to spend before you begin building.
     Grants
           Take advantage of grant opportunities that exist in your
           neighborhood.  Many neighborhood development groups
           offer grants to new builders either for scattered-site
           homes or as part of a development like Cliffview.  
    Second Mortgage Money
         If you are building in Cleveland, the city may offer
           second mortgage money to help finance homebuyers. 
           Talk to a Tesco representative to find out if you are
           eligible.

Lot Selection
     Choose one of our lots
          Tesco currently has lots in all the Cleveland
          neighborhoods.  Let's discuss how building on a Tesco lot
          can help you!
     Build on your own lot
          Allow us to help you make the necessary arrangements to
          build on your land.  Tesco offers an extensive background
          in lot consolidations and splits as well as familiarity with
          Land Bank properties to expand your existing lot.

Home Design
     Current home models
          Tesco has experience building homes from 1100 square
          feet to over 3500 square feet and so we have a library of
          floor plans for you to browse and be captivated by.
     Revise a current model
          If you've found a model perfect for you except for that "one
          little thing", Tesco will work with you and the architect to fit
          your dream.
     Work with an architect
          Choosing to work with an architect allows you build a
          home unique to your tastes and needs.  Your home can be
          an outlet for creativity inside & out.

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