Monthly First Time Homebuyer Workshop

 

 

Brooklyn Neighborhood Services offers a comprehensive First Time Home Buyer Program which incorporates home buyer workshops, one on one counseling, mortgage products guidance and community collaborations to promote affordable first-time home ownership opportunities.

This workshop is offered once per month via online video platform and lasts for approximately 1.5 hours. It is essential that every prospective homebuyer attends a First Time Homebuyer workshop/seminar prior to enrolling in a Home Buyer Education Course.

The workshop/seminar covers:

• The essential steps to buying a home
• Key questions prospective homebuyers should consider to determine if they are ready for homeownership
• Mortgage payment versus rent – similarities/differences; pros/cons
• Lending criteria of banks and mortgage companies for loan applicants
• Down payment assistance (for eligible first-time home buyers)
• Process of how a BNS HUD Certified Housing Counselor determines home buyer’s affordability
• Pros and cons of purchasing different types of homes (single vs multifamily)
• Condominiums/Cooperatives; the differences, formation, governance, common charges etc.
• Things to look for when reviewing a home inspection report
• Terminology the homebuyer will hear during the home buying process
• Post Closing – things to consider as an owner of a single family or being a landlord and the responsibilities of the owner/tenant relationship.

 

First Time Home Buyer Workshops

Click on this link to register or use QR Code

Please note:

• The workshop is limited to 20 participants
• The workshop registration is based on a first-come, first-serve basis.
• Once you have registered, you will receive an email confirmation with information about joining the workshop.

 

 

Current Class Schedule:

 

February 13        6 PM

March 13             6 PM

April 10                6 PM

May 15                 6 PM

June 12                6 PM