{"id":1295,"date":"2023-09-23T10:03:00","date_gmt":"2023-09-23T14:03:00","guid":{"rendered":"https:\/\/www.dmcccorp.org\/edu\/?p=1295"},"modified":"2023-11-03T10:27:22","modified_gmt":"2023-11-03T14:27:22","slug":"homeownership-is-possible","status":"publish","type":"post","link":"https:\/\/www.dmcccorp.org\/edu\/homeownership-is-possible\/","title":{"rendered":"Homeownership is Possible"},"content":{"rendered":"

Q. We have friends who took classes before they bought their first house and said that the experience made all the difference for them. We\u2019d like to buy a home, too, but feel overwhelmed by the process.\u00a0 Where can we get more information on home-buying classes?<\/strong><\/p>\n

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A. The US Department of Housing and Urban Development (HUD) approves housing counseling agencies all over the country. HUD-approved housing counseling agencies offer homebuyer education programs and pre-purchase counseling<\/a>.<\/p>\n

Since buying a home is the single largest purchase most people make, you\u2019re wise to seek pre-purchase housing counseling and homebuyer education early on in the home-buying process.\u00a0 Before signing a 30-year loan, you want to ensure you are well prepared to handle all lies ahead. \u00a0What\u2019s more, you want to make sure that you are getting the best deal possible.<\/p>\n

In a homebuyer education class, you will learn about what it means to be credit ready for homeownership, the costs of purchasing a home, all the professionals involved in a real estate transaction and the types of loans available to you.\u00a0 You will also learn about getting pre-qualified, the parts of your house payment, shopping for a home, home inspections, finalizing your loan, what to expect at closing and even how to schedule regular home maintenance.<\/p>\n

In a pre-purchase counseling appointment, the housing counselor will assess where you are now by reviewing your budget, credit, assets and debts.\u00a0 You may be ready for homeownership, or the counseling session may reveal that you need a year or two to prepare for buying a home. Perhaps you need to save for closing costs or work on your credit. The housing counselor will help you develop a plan to address areas you need to work on and help you reach your goal of homeownership.<\/p>\n

Homebuyer education classes and pre-purchasing housing counseling are available to anyone; you need not be a first time homebuyer to participate in them.\u00a0\u00a0 A lot has changed in the home-buying process in the last few years, so a homebuyer education program can be a great refresher for anyone who hasn\u2019t purchased a home in the last five years.\u00a0 Even families that lost homes in the financial crisis may now be eligible to purchase a home once again. Contact DMCC and speak with a HUD Approved Housing Counselor and attend an upcoming Homebuyer Education Class.<\/p>\n

DMCC is a 501 (c)3 nonprofit organization committed to educating consumers on financial issues and providing personal assistance to consumers who have become overextended with debt.\u00a0 Education is provided free of charge to consumers, as well as personal counseling to identify the best options for the repayment of their debt. To speak to a certified credit counselor, call toll-free 866-618-3328 or email\u00a0<\/em>contact@dmcconline.org<\/em><\/a>.DMCC is located at 1330 SE 4th Ave, Suite F, Fort Lauderdale, FL 33316.<\/em><\/p>\n

<\/h6>\n","protected":false},"excerpt":{"rendered":"

Q. We have friends who took classes before they bought their first house and said that the experience made all the difference for them. We\u2019d like to buy a home, too, but feel overwhelmed by the process.\u00a0 Where can we get more information on home-buying classes?<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[26,10,22],"tags":[],"class_list":["post-1295","post","type-post","status-publish","format-standard","hentry","category-home-affordability","category-housing","category-housing-organizations"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5shu1-kT","_links":{"self":[{"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/posts\/1295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/comments?post=1295"}],"version-history":[{"count":3,"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/posts\/1295\/revisions"}],"predecessor-version":[{"id":2007,"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/posts\/1295\/revisions\/2007"}],"wp:attachment":[{"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/media?parent=1295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/categories?post=1295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dmcccorp.org\/edu\/wp-json\/wp\/v2\/tags?post=1295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}