COVINGTON -- First-time homebuyers or those who have been in foreclosure and are getting their finances back in order are invited to attend a free homebuyer education workshop sponsored by the Family Community Housing Association Inc., a non-profit based in Newton County.
The event will take place from 9 a.m. to 5 p.m. Saturday, April 30, at the Rockdale County Cooperative Extension Service office at 1400 Parker Road, Lobby A, in Conyers.
Topics will include budgeting, the mortgage loan process, money management, home inspection and appraisal, credit reports, what to expect from a Realtor and more. Participants will receive a HUD-approved certificate to qualify for down payment and closing costs assistance through a partnership with The University of Georgia Cooperative Extension.
Family Community Housing Association Executive Director Julius Webb said the program is aimed at "renters who are looking to become homeowners and those who have been foreclosed on and want to get their credit back on track."
Snacks and lunch will be provided. To register, call 770-787-4436.
The Family Community Housing Association focuses primarily on educating homebuyers and offering down payment assistance. When the housing market took a downward turn in late 2007, the organization lost most of its funding. Its board of directors decided to retool the program to focus on foreclosure prevention, Webb said. The organization works with lenders and borrowers to restructure payment plans or find other solutions to help homeowners avoid foreclosure.
Last summer, the association hosted a foreclosure prevention workshop that drew a crowd of 75. Webb said similar programs will take place on a monthly basis in several counties and he hopes to hold them regularly in Newton.