Free First Time Homebuyer Seminar February 4, 2010

Some of the subjects covered: Roles of the Lender/Mortgage Broker Credit Pre-Approval Roles of the Real Estate Agent Searching for Properties Contracts Negotiation Closing Here are some questions that were asked during a home buyers seminar last month: How much can I afford? Can I get a loan to cover rehab costs? When should we talk to a lender? What are lender fees? Whats the norm? What are points? Is the downpayment different from closing costs? Why do people get into ARM's vs. Fixed loans (good question especially right now)? What can I do to get my credit score higher? Can we still get a home if one of us has great credit and the other has not so great credit? Where do I start in the negotiation process? Does earnest money show the seller how serious the buyer is? Class Location: City Pequod's Pizza, 2207 N. Clybourn Ave, Chicago, IL Wednesday, January 13th at 6:30 p.m. Thursday, February 4th at 6:30 p.m.