Free First Time Home Buyer Class in Arlington, VA
February 8, 2010 by Katie Wethman · Leave a Comment
Are you a first time buyer thinking of starting your search? Low pries, historically low interest rates, and the $8000 tax credit have many people in our area wondering if it’s time to buy. Join us for a free educational session at Arlington County Library.
Wenesday, March 3
7:00pm – 8:15pm
Arlington County Library
1015 N Quincy St 2nd Floor Mtg Room
Ballston (Orange Line)
We cover a recap of the market, current trends and market stats including days on market, average sales prices, and inventory levels. We’ll also discuss home purchase process, the tax credit, common pitfalls, financing basics and a how to get started checklist.
Specific topics covered:
- Northern Virginia, DC, and Montgomery County market analysis
- Mortgage basics: rates, points, fees
- Financing basics: FHA, Conventional, Conforming, and “Jumbo” loans
- Calculating the tax benefits of homeownership
- Short Sale, Foreclosure/REO/Bank Owned basics
- Search tips
- Fees and closing costs
- Buyer agency and choosing an agent
There’s never any cost or obligation to attend our classes. Register for this free first time home buyer class here so that we may have materials available for you. More info at www.newhomebuyerclass.com
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