Homebuyer education: "Home Stretch" workshops
Sign up today! If you are a first time homebuyer or it has been more than three years since you owned a home, please register for a Home Stretch workshop. DON’T get trapped with the wrong mortgage product, understand the documents you are signing, be prepared with the right questions when you are ready to meet with a lender or Realtor. The Home Stretch workshops will help you understand the ins and outs of buying a home.
We will help guide you through the process of understanding topics such as: how to qualify for mortgages, budgeting, where to find down-payment assistance funds, working with a realtor, home inspections, home maintenance, and foreclosure prevention.
What you can expect
We invite professionals from the housing industry to assist us with the workshops. This is a great opportunity to ask questions directly to: lenders, Realtors, and home inspectors. NeDA’s housing counselors are of course available throughout the sessions to answer any questions you may have or to schedule a one-on-one counseling session.
Workshop
The homebuyer education workshop series are 9 hours and the customer must complete the series in order to receive a completion certificate. Completion certificates are usually required by lenders who offer down payment and or closing cost assistance to first time home buyers. Each household receives a workshop manual.
There is a $35.00 fee per household for the workshop. We believe this is a small and wise investment which will prepare and inform you for long-term home ownership.
To register for a workshop call NeDA today at 651-292-0131 or check out the NeDA's Homebuyer Workshop calendar. If you do not find a date and time that meets your needs visit the Minnesota Homeownership Center's webpage at www.hocmn.org where you will find additional workshop sites.
If you can't attend in person be sure to check out FRAMEWORK™. This online opportunity provides a high quality, fun way to learn how to be a smart, confident and successful homeowner. It provides the facts you need to become well-informed about every step in the process. To get started visit FRAMEWORK™ or to learn more, view this short Overview Video .
Framework™ is owned and managed in partnership by the Housing Partnership Network and Minnesota Homeownership Center. http://www.hocmn.org/
NeDA Talks about Home Ownership on SPNN
NeDA's home ownership advisor Graciela Mendez talks with Ed Nelson from the Minnesota Home Ownership Center on St. Paul Neighborhood Network's (SPNN) Channel 19 six times in May 2009. SPNN's web site is www.spnn.org for more information about the station and its programing.
