Homebuyer Education

Finally Home!

A chance to learn...a chance to own.

Do you want to buy a home, but don't know where to start?  You don't have to feel alone.  Home purchase is the largest expenditure many families ever make.  At the same time, home equity is the basis of many American families' wealth.  Through the FinallyHome! program, PHNS offers Homebuyer Education classes to help you make the most of home purchase.

These classes are offered once every month for $20 per person. Homebuyer Educations Classes are scheduled for the following dates:

Location for all classes will be either at the PNHS offices at 206 N. Arthur or the Bonneville Community Center at 427 N. 6th, depending on the size of the class. The Facilitator will notify all participants one week prior to class time.  

Post- Purchase classes will be held in conjunction with the HomeBuyer Education classes on:

 June 16th, 2012     ~      September 15th, 2012     ~ December 15th, 2012

In Homebuyer Education, the PNHS course facilitator provides an overview of course concepts and lessons on budgeting.  Local professionals from the real estate, home inspection, mortgage, and title insurance fields give presentations that familiarize class participants with the home purchase process.  Participants receive a textbook and weekly reading assignments.

Each class has four components:

• Session One, "Preparing for Homeownership," explores the advantages and disadvantages of homeownership.  Class participants are encouraged to take a close look at the reality of homeownership.  Budgeting is emphasized as a tool to manage home maintenance and house payments.
• In Session Two, "Shopping for a Home," a real estate professional leads participants through the steps of finding an agent and a home that suits their particular needs.  Prospective buyers learn the language and fundamentals of the sales contract.  In addition, a home inspection professional provides a detailed explanation of what to expect from a home inspection.
• Session Three, "Obtaining a Mortgage," outlines the necessary steps of shopping for a mortgage loan.  A lending professional introduces participants to the mortgage qualifying process, and the language and documents associated with it.
• Session Four, "Closing," outlines the basic process of closing your home purchase.  A title company representative explains the importance of title insurance, and what to expect from and how to prepare for the closing process.  Examples of closing documents are reviewed and explained.

Before you make one of the most important decisions of your life, call PNHS at 232-9468 to enroll in Homebuyer Education classes. We want your homeownership experience to be pleasant as well as successful.