Wednesday, March 21, 2012

First Time Home Buyer Seminars...CHECK!

So on Monday I finished the first time home buyer seminars provided by Neighbors Helping Neighbors, an affiliate of the Fifth Ave Committee. These seminars covered a range of topics from budgeting and searching for a home to what the exact process is for buying a home. There was soo much information! For a bit I was a little overwhelmed and felt like it was too much to learn in a short period of time. But the instructor, a great guy by the name of Robert was very helpful and did not move on to the next topic until we understood what we were talking about.

We also learned about the role of the real estate broker, real estate attorney, a mortgage broker and a loan officer. So many different people involved in the process. Did you know that there are three lawyers involved in the home-buying process? Your attorney, the seller's attorney and the Bank's attorney...and guess who pays for two of them? ME. What joy! Haha.

But in all seriousness, these workshops were amazing. I don't think I could be able to buy my place if it weren't for this classes. I definitely feel more prepared to move forward in the process. Summer can't come any sooner! Stay tuned folks! ;-)

Tuesday, March 6, 2012

Taking the Next Steps...


So it's been some time since my last post and there's much to discuss! I contacted the husband of an old friend who happens to be a real estate agent and hopefully, he can help me with my search for a new home. I always said that when I buy a house, I'd want to work with someone I know and can trust! It's a good thing I started this process early because I would be going crazy if I had to do all of this last minute.

Next week I begin the 3-day Workshops at Neighbors Helping Neighbors. It's supposed to be far more intense than the other workshop I attended last year; budgeting, planning for emergencies, avoiding foreclosure, etc... I am really looking forward to it and all the suggestions they can provide. I am also looking forward to the government grants and assistance programs I'll qualify for!

Lastly, I am at around 75% of my savings goal. The end so close I can taste it!

Wish me luck next week y'all!

*Special shout out to Gui and Maya for giving me great advice and being awesome first-time-home-buyer models! ;-)