Homebuyer Education Classes
HomeSight proudly offers education aligned with current topics in a rapidly changing industry throughout the year. Our curriculum consists of The Basics of Homeownership workshop.
The Basics of Homeownership: Credit, Finance, Home Selection, Escrow and Closing
This class is 7 hours over 1 day with a 1 hour break for lunch. In addition to providing an overview of the homebuying process, HomeSight’s purchase assistance program, buyer affordability and qualifying criteria, it covers important first-time homebuyer topics as listed below:
- Financial Basics: Increases financial awareness in order to make sound financial decisions, particularly regarding the home purchase process. Topics include: housing affordability, developing a budget, budgeting and saving tips, understanding credit and how to protect your credit.
- Home Financing: Increases familiarity with various lending programs as well as the legal documents of the home purchase process. Topics include: different types of mortgage loans, qualifying for a home loan, legal document review (purchase and sale agreements, notes, deeds of trust, and title reports), home loan closing process (settlement procedures and predatory loans and how to avoid them.
- Home Maintenance: Provides valuable information regarding the maintenance responsibilities of home ownership. Topics include: home inspections as a maintenance guide, an overview of the systems that make up your home, handling home emergencies, preserving the long-term value of your home, seasonal maintenance tips, and maintenance resources for the new home owner.
- Mortgage Default Prevention: Learn what to do if you lose your job or some other catastrophic event keeps you from making your mortgage payments. Become familiar with programs available that can help you avoid foreclosure.
NeighborhoodLIFT clients click here.
There is a $10 registration fee at time of sign-up, which is fully refundable when you attend your chosen class. Click here for class schedule and to sign up for an in-person or online class.
All clients receiving purchase assistance through HomeSight, including all persons who will appear on the mortgage, are required to complete our educational curriculum and financial assessments.
You must be registered for the class (this includes your co-applicant, if applicable) in order to attend.
Due to the amount of material covered in this class, HomeSight requires that prospective home buyers arrive on time. Also, due to limited seating and for the courtesy of other applicants, NO CHILDREN or unregistered guests will be allowed in the class. If you come to a class after the start time or with a child or unregistered guest, you will be asked to leave and register for another class. If you require or have translation/special needs, please call us and we will do our best to accommodate you.