Resources for Buyers
|Q&A FOR NEW HOMEBUYERSQ: Homebuyers Training/Counseling: What is it? Why is it necessary? Where can it be found?
The process of buying a home is very involved and at times a complicated process. Homebuyer training can help the first time homebuyer understand the process, learn how to avoid mistakes, and ultimately make sure your first home purchase is a more educated experience. If you receive down payment support or other subsidy to help you afford a home, you may be required to attend both pre-purchase homebuyer training as well has post-purchase counseling. Even if you aren’t required to participate in homebuyer training, it is highly recommended. It is also recommended that you participate in training that is recognized and approved by a government agency. For a list of home buyer education providers visit the links below.Georgia Department of Community Affairs – Home Buyer Counseling & Education Agencies
http://www.dca.state.ga.us/housing/Homeownership/programs/downloads/HBed.pdfU.S. Department of Housing & Urban Development (HUD) Approved Housing Counseling Agencies
Q: What is involved in the home buying process?
The home buying process has many steps and requires advanced preparation before taking any step. The U.S. Department of Housing & Urban Development (HUD) has an excellent online resource guide to help you understand the process. To access the guide, visit the link . http://www.hud.gov/buying/index.cfm#afford
Q: How much home can I afford?
Q: What is a mortgage calculator? Where can I find one?
Q: Where can I search for a home that’s in my price range and meets my other needs?
If you think you’re not ready to buy, and you need a search tool for rental property, consider www.georgiahousingsearch.org.
Q: Are there down payment or other programs that would help me?
|100 TERMS EVERY HOME BUYER SHOULD KNOW