The City of Greenville Community Development Department Housing Division announces, “Your Own Home”, the next class in a Financial Literacy Series based on the FDIC Money Smart Program.

 

Are you thinking about purchasing a home but you’re not sure how to do it? Do you have questions about the process or how to qualify? The “Your Own Home” class might be a great place for you to start. Participants will receive information about the pros and cons of renting versus owning a home as well as the home buying process and how to financially protect your home.  In addition, the objectives of the class are to identify questions to ask when determining your readiness to buy a home, identify the steps required to buy a home, identify basic terms and required disclosures used in a mortgage transaction, describe the advantages and disadvantages of different mortgage options, describe how the interest rate affects the amount of house you can buy and explain how taxes and insurance affect a monthly payment.

 

The class is free and will be held at Sheppard Memorial Library (Room B), 530 Evans Street, from 5:30PM – 7:30PM on Monday, November 27, 2016.

 

If you would like more information or plan to attend, please contact Sylvia D. Brown at (252) 329-4509 or by email at [email protected].