Homeownership Guidance, Advice and Blogs

As the Director of Affiliate Relations at HomeFree-USA, I’ve always been fascinated with how people handle their money. Like everyone else, I’ve had my financial ups and downs. In fact, it took me 32 months to pay off $32,000 in credit card bills and build up a six-month emergency fund. While that was a very difficult period, I am grateful – and wiser -- for the experience.

Through my personal experiences and working at HomeFree-USA, I’ve gained a ton of insight that I feel compelled to share. You’ll find those lessons here. Feel free to take the thoughts and ideas that resonate with you most and put aside the rest for later. I look forward to sharing my journey.

To be successful, homebuyers need guidance

When it comes to buying a home, what you don’t know can hurt you.

The actions you take in the 12 months before closing can lead to 30 years of domestic bliss or a rocky path filled with financial uncertainty.

The right guidance can help you to qualify for a low-interest loan, avoid financial scammers, find money for a down payment and closing costs, and use homeownership as a strategy for building wealth.

Still not convinced? Here are five reasons an adviser can make all the difference.

Advisers can save you time.  Sure you can spend days searching on the Internet sifting through all of the misinformation out there, or you can visit a nonprofit HUD-approved housing counseling organization and meet face to face with someone who can tell you exactly what you need to know.
Smart people have advisers. From President Obama to Facebook founder Mark Zuckerberg, the world’s most successful people have experts to advise them. You should too.

Counseling can cut down on stress. Whenever you do something that you’re unfamiliar with, your anxiety levels rise. Instead of worrying about whether your credit score is high enough or whether you’ll be able to qualify for a loan, a counseling organization can walk you through the steps toward home ownership.

Guidance can prevent foreclosure.  Think foreclosure can’t happen to you? Unfortunately about 250,000 families go into foreclosure every three months. But it’s been documented that those who receive pre-purchase home buyer education have a lower default rate. Let education work for you.

HUD-approved counselors have the government’s stamp of approval. Unfortunately, there are scammers out there who prey on consumers who are on the path to homeownership. HUD-approved counseling organizations like HomeFree-USA give you the confidence that you’re getting advice from a trusted source that is 100 percent committed to helping you succeed.

Have you ever wished you had someone to tell you exactly what to do to get in the home of your dreams? Now you do. Take advantage of it.