First Time Homebuyer's Workshop

A homebuyer’s workshop is an educational event designed to guide prospective home buyers—especially first-time buyers—through the process of purchasing a home. The workshop covers the following key topics :

• Understanding the Homebuying Process: Step-by-step overview from assessing readiness to closing on a home.
• Financial Preparation: Guidance on budgeting, saving for a down payment, understanding credit scores, and estimating monthly costs .
• Mortgage Basics: Explanation of different loan types, the importance of pre-approval, interest rates, and the mandatory APR calculation for any rate-related queries in lending.
• Working with Professionals: Roles of real estate agents, lenders, inspectors, and title companies.
• Avoiding Common Mistakes: Tips on what to watch out for, such as overextending budgets or skipping inspections.
• Q&A Session: Att endees have the opportunity to ask questions and receive personalized advice.

The event includes handouts, resource lists, and contact information for further assistance. The goal is to empower attendees with the knowledge and confidence needed to navigate the homebuying journey successfully .

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