First Time Home Buyers Seminar presented by New Hampshire Housing
Finance Authority. Host
This 2 evening event was held on March 6th & 8th 2007. All 3
video taped and have power point presentations included.
Speakers covered all the topics that you need to know to purchase
If this is your first time buying a home or not, this seminar will
give you up to date information on the home purchasing process
and financing programs available.
This seminar covers the Steps to owning a home. *
hardest part about the home buying process is knowing
where to start.
View this online First Time Home Buyer Seminar. This will help
you assess your readiness to buy and identify techniques to help
you find the home you want.
Your Budget – Budgeting your money is the second step
in preparing for home ownership. Most consumers interested in
purchasing a home need to save money for their down payment,
closing costs and other expenses associated with moving and home
Loan Amount - Visit a lender and be pre-qualified for a mortgage
Your Needs - Identify the features in a home that will be
most important to you and your family.
With a Real Estate Agent - Choose a Real Estate Agent to
show you properties in your area.
and Sales Agreement - Your Real Estate Agent will help you to make an offer and negotiate
a purchase price on a property. Be sure your offer is contingent
on your ability to obtain the mortgage needed and any inspections
you wish to have.
Arrange for a professional home inspector to look at the property.
Loan Package - Contact your mortgage lender to complete your
application. Be sure to respond promptly to any requests from
the lender for information.
Approval - The lender’s formal approval of your loan
request is called a “commitment letter.” Give a copy
of this letter to your Realtor to confirm that you have complied
with the terms of your contract with the seller.
At the closing, you will sign all of the mortgage documents and
receive the deed and keys to your home from the seller.
We highly recommend viewing these presentations.
This information is useful for home buyers in NH, VT, or anywhere in the