Home Buyer Workshops
Our Home Buyer Workshops are free. These four-hour workshops are split into two nights or days.
These workshops are often a requirement to participate in Down Payment/Closing Cost Assistance
Programs, Savers Clubs and First-Time Home Buyer Mortgages. This workshop is approved by and
fulfills the education requirements of HUD, Fannie Mae, Freddie Mac, the Federal Home Loan Bank
and area lenders. To see the current schedule of workshops, CLICK HERE. Please be advised that
in order to attend the workshops, you must make a reservation. Those who do not will not be
able to receive a Certification of Completion. For more information or to make a reservation, call
(716) 884-2358 Ext. 131 • TDD 711.
I. Preparing for Homeownership
- Preparing for Homeownership
- Do you really want to own a home?
- Advantages and Drawbacks
- Qualifying for a Loan
- Budget
- Tips for budget
- Tips to decrease spending
- Attacking your debt
- Savings
- Savings schedule
- Income tax credits
- Ways to lower closing costs and increase down payment
- IDAs
- How Much House Can You Afford?
- Increase your borrowing power
- Lender's qualifying guidelines
- Costs of purchasing a home
- Monthly cost of homeownership
- Credit
- What is a credit report?
- Fair and Accurate Credit Transaction Act:
free credit report
- FICO scoring/your credit score
- Dealing with bad credit
- Alternative credit
- Establishing credit
- Predatory Lending
- Avoiding predatory lenders
- How to protect yourself
- Predatory lending tactics
- The "don'ts" of predatory lending
- Where to file a complaint
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II. Purchasing a Home
- Shopping for a mortgage
- Sources - Types of lenders
- Types of mortgages
- Shopping for a home
- Wants vs. needs
- Leads
- Players in your home purchase
- Who are the players?
- Roles of a realtor
- Choosing a real estate agent
- Hiring a home inspector
- What a home inspection contains
- Using the home inspector
- Comparison shopping
- Negotiating the purchase
- Submitting an offer
- Terms of a contract
- Contingencies
- Obtaining a mortgage
- Loan processing
- Reasons your loan might be rejected
- Loan terms
- Closing on a loan
- What happens before
- The documents
- Fees paid to lender
- Moving into your new home
- Meeting your obligations
- Avoiding foreclosure
- Why foreclosure rates have risen
- Refinancing
- Why refinance?
- Refinance tips
- Questions to consider before refinancing
- Cash out debt consolidation
- Home Equity loans
- Cost-effective energy conservation
- Energy Star
- The STAR program
- Maintaining your home
- Hiring a contractor
- Conclusion
- Reaping the benefits of home ownership
- Responsibilities of home ownership
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