Fayette County Community Action has help for home-buyers
By Daily Courier
Published: Sunday, Aug. 29, 2010,
Prospective home-buyers are encouraged to register for a pre-purchase housing seminar, which will take place from 5:30 to 9:30 p.m. Sept. 8.
Fayette County Community Action Agency Inc. will present the forum at Meadow Heights Apartments on North Beeson Boulevard, one block down from FCCAA.
Rita Masi, the agency's housing project manager, said the seminar isn't just for low-income residents.
"The event is open to anyone who is interested in buying a home and wants to find out more about the process," said Masi.
The seminar is designed to give people important information they need to help them make decisions that are right for them in the home-buying process, Masi said.
Potential homebuyers will have an opportunity to receive tips from experts in the real estate and banking industry. Lenders and realtors will discuss topics such as the advantages of home ownership, budget planning and record-keeping, mortgage qualifying, the beginning of the purchase process, the loan application process and closing on the loan.
A similar seminar was held in June, according to Masi.
"The event in June went very well, and those who attended told us that they came away with some very helpful and valuable information about the home-buying process," she said. "We decided to have a second seminar for those who were unable to attend the first one. We're starting this one a little later, so people can come after they leave work."
"A 15-minute DVD titled 'Buried in Debt' will be shown at the seminar to warn potential homebuyers about the dangers of borrowing too much money," Masi said.
Free credit checks will be offered to those who attend, according to Kristen Radovich, an employee in the housing program.
The seminar will feature the following speakers:
• Shelley Sharp of Howard Hanna will talk about "Assessing the Readiness to Buy," "Understanding Credit" and "Selecting a Home."
• A representative of First National Bank will discuss conventional mortgages.
• Kimberly Parker of Huntington Mortgage Group will talk about Federal Housing Administration loans.
• Mary Ellen Polosky of USDA Rural Development will outline rural loans and home purchasing.
• Dave Molchan of Threshold Housing Development Corp. will discuss the self-help housing construction process.
"This seminar is a wonderful opportunity for people who are interested in buying a home to find out about the process and receive tips from experts in the real estate and banking industry," Masi said. "There are no income guidelines, so anyone is eligible to attend the program."
Radovich said anyone who is interested in attending the housing seminar is asked to register, so Fayette County Community Action Agency Inc. will know how many people to expect.Additional Information:
For information or to register for the program, call Radovich at 724-437-6050, ext. 3263, or Mary Jordan at 724-437-6050, ext. 3244.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.