Housing/Foreclosure Program

It's a big decision!

 

 

Bradenton-- The Foreclosure Prevention and Housing Program of Catholic Charities has provided seven First Time Homebuyers classes in the six months between January and June of 2009. A total of 71 students attended.

 

The class provides much needed education regarding the essentials for first time homebuyers such as personal budgeting and money management, tax credits, importance of credit history, information regarding lenders, lender requirements, and linking to potential funding assistance for down payment and closing costs. Responsible borrowing and planning for the costs associated with owning a home, after purchase, are taught as well. The class also stresses the pitfalls of not planning, including how to avoid foreclosure.

 

The daylong class provides four sessions of information that arm potential first time homebuyers with questions to ask and answers to seek before they purchase. Information combined with realistic expectations and attainable goals are the focus of the class, helping to empower possible new homeowners with the tools they need to make responsible decisions that will yield positive results for years to come. 

 

For information on upcoming classes, please call the Foreclosure Prevention and Housing Program Director Yraida Alonso at 941-714-7829.

 

Photo:  HUD certified Instructor Amaya Martinez (front row, third from left) with a recent First Time Homebuyers Class.