Buying a home is a big decision, and it’s essential to be prepared before you start shopping. Home buying education classes can help you understand the process, from getting pre-approved for a mortgage to making an offer and closing the deal. They can also help you avoid costly mistakes.
Home-buying education classes help you understand your finances and determine how much you can afford to spend on a home and how much you’ll need for a down payment. Classes can also teach you about common pitfalls to avoid, such as overpaying for a home or not getting a proper inspection. Some lenders also offer down payment assistance programs to buyers who complete home-buying education classes.
Finally, you’ll gain confidence. The more you know about the home-buying process, the more confident you’ll feel when you’re out there shopping for a home.
Realty Reimagined, the Cuyahoga Land Bank’s mission-based real estate brokerage, regularly partners with El Centro to bring free HUD-approved housing workshops and counseling to the community. El Centro is a Latino non-profit advocacy organization whose mission is to enhance the socio-economic status of the community by providing essential social, educational, and community development services. Completing our HUD-approved homebuyer education course unlocks up to $40,000 in down payment assistance and is often required for these programs, making it your key to achieving homeownership!
Join the next online course March 11-14 from 6-8 p.m. Register HERE.