1. What is the Community Homebuyers Club?
A series of five classes covering budgeting, types of loan programs, credit/ debt reduction and purchasing/ protecting/ maintaining your investment. Also, an important part is the opportunity to meet other people going through the process of homeownership.
2. How do I know if I have enough money to buy a home?
If you are income eligible, you may be able to buy with as little as $1,000 of your money. We have access to a 2nd mortgage/ downpayment assistance program that makes this possible.
3. What are the benefits of owning my own home?
Stability for family, tax benefits, fixed monthly payments, and building equity and wealth.
4. How do I get started?
The first step is signing up, and then attending class. Afterward, schedule individual counseling sessions. The application for signing up is on the web next to this link (the Community Homebuyers Club FAQ link). Once you have filled the application out, you can either mail, fax, or drop it off at EmPOWERment, Inc. Our contact information is on the front webpage.
5. Does it cost anything to take the classes?
We ask for a $10 donation.
6. How long are the classes?
Classes start at 6:30 pm and end at 8:15 pm on Thursdays in Orange County. Dates and times vary in Chatham County.
7. Do I have to take the class to become an EmPOWERment, Inc. homebuyer?
Yes. You will earn a Homebuyer Education Certificate, which is one of the qualifications for down payment assistance.