Crye-Leike Chattanooga Realtors Donna Darnes and L.D. Housley are teaming up with loan expert Becca Pool with Mortgage Investors Group to bring over 40 years of real estate knowledge together to help people prepare to participate in the American dream of homeownership.
“We are excited to be hosting free and educational homebuyer’s seminars to inform the public about the opportunities that are available for them to become a homeowner,” said Crye-Leike realtor, Donna Darnes. “Many people think they cannot buy because of credit scores, previous bankruptcies, foreclosures or down payment requirements. So many people think they have to have 20% down, a 700 credit score, or wait four years after bankruptcy. These factors are not always the case and many people would be quite surprised at their options.”
The free homebuyer seminars will be held on the fourth Thursday of every month at 6:30 p.m. at the El Meson Mexican restaurant at 2204 Hamilton Place Boulevard. The first seminar will be held on Thursday.
In addition to these seminars, people can call Crye-Leike Realtor Donna Darnes at 423 544-1906 to schedule a free, private seminar for a large group or organization.
“This is a great opportunity for undecided buyers or anyone who has been wondering if they can qualify to buy a home,” said Crye-Leike realtor, L.D. Housley. “These seminars provide a free and easy way for people to find out if they can qualify to buy a home and the seminars help them with the information and necessary steps it will take to become a homeowner.”
At the seminar, Ms. Darnes, Mr. Housley and Ms. Pool will go through the detailed steps of home buying starting with the pre-qualification and proceeding through the various types of financing, shopping for a home and then the paper work. The seminar will educate potential buyers on several important home buying topics including: how and where to start looking for a home, improving your credit score, how to get pre-approved for a home loan, the type of mortgages available and the importance of house inspection and homeowners insurance. Potential buyers can come ask questions and learn about the entire home buying process from searching for a home and making an offer to signing papers at the closing table.
“Buying a home is typically the largest financial transaction in a person’s life, but it doesn’t have to be frightening or overwhelming,” said Ms. Pool. “We want to educate and equip home buyers with the knowledge they need to complete the home-buying process with confidence and ease. Working with Mortgage Investors Group, the number one THDA lender in the state, I’m happy to tell people it’s still possible to buy a home with little to no money down because of THDA, Rural Housing, VA and FHA loans.”