Homeownership Education

AREAA DC Metro Housing Fair, June 19th 2010. From left: Vinh Nguyen, Chairman, NVAR; Gerry Connelly, US Congressman; Scott Willis, Chairman, AREAA DC Metro; Mark Keam, VA State Delegate; Paula Sampson, Director, HCD; Nannette M. Bowler, Director, Family Services; Christine Todd, CEO, NVAR; Song Hutchins, President, AREAA DC; Tony Yeh, AREAA Board.

Are you considering purchasing a home? Seven Things you should know before a purchase.

  • Pros and Cons of Homeownership
  • Request a Free Annual Credit Reports or a Credit Report for a Small Fee
  • Review your credit report and scores from Transit Union, Equifax and Experian
  • Repair your credit and improve scores (720 and higher the better)
  • How much you can afford?: Develop a Budget and Spending Plan
  • Mortgage 101: What type of mortgage is right for me?
  • Attend a homebuyer educational session

Homebuyer Education

Pre-purchase Counseling

Post-Purchase Education

Post-Loan Modification Counseling

Down Payment Assistance Program

Additional Useful Links

Real Property Tax Credit – Maryland

http://www.dat.state.md.us/sdatweb/htc.html

http://montgomerycountymd.gov/content/home/pdf/propertytax_web.pdf

Property Tax Credit –Virginia

http://www.fairfaxcounty.gov/dta/taxrelief_home.htm

http://www.arlingtonva.us/departments/HumanServices/services/eid/file79380.pdf

Special needs housing - Maryland

http://www.montgomerycountymd.gov/hhstmpl.asp?url=/content/hhs/SpecialNeedsHousing/RAPOHEP.asp

Home Repair for the Elderly Program- Virginia

http://www.fairfaxcounty.gov/rha/seniorhousing/hrep.htm