Homeownership
First Steps
Some questions that you may begin to ask yourself would be:
Do I have a steady source of income?
Have I been employed on a regular basis for the last 2 to 3 years?
Do I have a good credit record of paying my bills?
What are my long-term credit obligations? (automobile payments, college loans)
Do I have money save for a down payment?
Do I have the ability to pay a mortgage every month, plus the additional costs associated with owning a home?
After paying my monthly mortgage and my other bills would I have enough money left over to live comfortably?
The answers to some of these questions could be obtained by attending a comprehensive homebuyers
workshop, "A Beginner's Guide For Homebuying", held monthly at the McKimmon Center on the campus of NC State University. There you will learn about homebuying basics and the
steps to homeownership.
Registrations for the
workshop can be made by faxing the workshop registrations to 856-6500. You may call 856-6116 to register by phone.
Additional resources:
Predatory Lending
Community Action, Inc. - Serving Wake, Johnston, Lee and Harnett. Free Weatherization & Home Repair to elderly, handicapped, or low fixed income citizens. Please call for qualifications and eligibility guidelines. Main Office (Smithfield) 919-934-2145 / Lee County Office 919-776-0746 / Harnett County Office 910-814-8360
Down Payment Assistance Programs