Building Black Wealth - Homebuyer Informational Workshop

7158 Lee Highway,Chattanooga TN 37421

26 June, 2021

Description

June is National Homeownership Month! Your local chapter of the National Association of Real Estate Brokers(NAREB) Greater Chattanooga Re June is National Homeownership Month!Houses represent the main sources of wealth for Black families, and rates of homeownership have been declining in recent years despite rising incomes. Housing Secretary Marcia Fudge is planning a broad new effort to fight housing discrimination that includes a $100 million initiative intended to spur Black homeownership in areas historically off-limits to minorities. That is great news to help increase the downpayment from 3% to 10% for those approved for Federal Housing Administration (FHA) loans! Your local chapter of the National Association of Real Estate Brokers(NAREB), Greater Chattanooga Realtist chapter is hosting a homebuying workshop to help you prepare for the homebuying journey. This workshop is open to anyone looking to understand the homebuyers experience in owning a home. We will cover: Daily Expense BudgetingCredit and its ImpactGetting Preapproved Before You BuyWhat Questions Should I Ask A Realtor, The Buyer Consultation, Finding Your Home and Submitting The ContractThe Mortgage Process 101Closing KeyHome Preservation and What That Really MeansREGISTER TODAY! LIMITED SEATING! LUNCH WILL BE PROVIDED! *If you are currently working with a Realtor, please be sure when you sign in you indicate your Realtors information.