Page last updated on July 24, 2017 at 3:42 pm
Registration Open for City’s Upcoming Home Buyers Club
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FOR IMMEDIATE RELEASE
Jan. 21, 2015
For more information, please contact:
Dan Niederman, Program Manager, City of Bloomington Department of Housing and Neighborhood Development, 812.349.3401, [hand@bloomington.in.gov|mailto:hand@bloomington.in.gov]
Registration Open for City's Upcoming Home Buyers Club
Bloomington, Ind. - The City of Bloomington's Department of Housing and Neighborhood Development (HAND) will host its first Home Buyers Club for 2015 in February. The class offers participants the chance to learn how to become successful homeowners. The class will be held Feb. 21 from 9 a.m. to 4 p.m. and Feb. 28 from 9 a.m. to 2 p.m.
The Home Buyers Club program helps first-time home buyers understand and overcome the obstacles involved in realizing homeownership. Presenters will include HAND's HUD-certified housing counselors and local real estate industry professionals.
Participants will receive the HAND-produced home-buying guide, "Buying a Home: A Guide for First-Time Home Buyers" and an opportunity to meet with a HAND housing counselor to develop a personalized home-buying action plan. Income eligible participants that complete the classes may apply for $5,000 downpayment and closing cost assistance from HAND.
Discussion topics for the classes will include:
- Determining if homeownership is right for participants
- Developing a household budget and savings plan
- Establishing good credit
- Navigating the home-buying process from start to finish
- Inspecting a potential home
- Locating mortgage application and down payment assistance programs
- Protecting an investment and maintaining a home
- Accessing community and neighborhood housing resources
The Home Buyers Club is offered to anyone in the community at no cost. However, class size is limited and pre-registration is required. For more information, [visit the website|/homebuyersclub]. To register, contact HAND at 812.349.3401 or at [hand@bloomington.in.gov|mailto:hand@bloomington.in.gov].
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