First Time Homebuyer Series

Oct 27 2018 8:30am - 9/18/18 5:30 pm

This event recurs on s.

The next time will be:

At Bridge Street Development Corporation Offices , 456D Nostrand Avenue, Brooklyn, NY 11216

House and keys

Saturday, October  27, 2018

Register for this 8-hour NeighborWorks America course and receive a certificate that shows lenders and realtors you are qualified and ready to purchase a home. Through this course, you’ll also have the opportunity to learn about down payment assistance programs!

This 1-day workshop will cover:

Money Management and Credit

  • Learn how to spend wisely
  • Develop a spending plan to meet your goals
  • Create a realistic budget
  • Understand the importance of saving
  • Understand your credit and why it’s important
  • Learn the types of credit reports
  • Understand your credit score
  • Learn how to¬†dispute inaccuracies on your credit report

Obtaining and Understanding a Mortgage

  • What is a mortgage?
  • Learn how to obtain a mortgage
  • Figure out how much you can afford
  • Learn what to shop for when you’re looking for a mortgage
  • Learn the types of mortgage loans

How to shop for a home using a realtor

  • Learn the role of a real estate agent
  • Understand the benefits of using a real estate agent
  • Learn the buyer’s responsibilities when using a real estate agent
  • Learn how a buyer can effectively use a real estate agent to meet their needs

Protecting your investment

  • Learn about home safety
  • Learn about basic maintenance and repairs
  • Learn how to protect your equity
  • Learn about saving energy and money in our new home

Participants will receive a copy of “Neighborworks America “Realizing the American Dream” home buyer manual, a tri-merge credit report, a certificate of completion, and a free counseling session after attending both sessions of this workshop. Participation is required for the whole day.

There is a one-time course fee of $50 due upon registering for this program. Participants must register online to participate by filling out the form below:

If you have questions or need additional assistance please contact us at (718) 636-7596 ext. 210 or by email at info@bsdcorp.org.