TOPEKA -- A free workshop for first time homebuyers is scheduled Saturday, April 13 from 9:00 AM to 1:00 PM at Housing and Credit Counseling Inc. (HCCI) located at 12th & Buchanan in Topeka. Chris Burk, Homebuyer Counselor for HCCI, said, “With current interest rates around or below 4% for qualifying buyers, now may be the chance of a lifetime to realize the American Dream of owning your own home.” The four hour workshop is designed for first-time buyers and covers everything from what to look for when choosing a realtor to how to pre-qualify for a loan.
Janet Carter with Carter Realty, reports there are currently 148 homes for sale in the Topeka market priced in the $30,000 to $65,000 price range. Burk said, “Some sellers are reducing their price and that doesn’t mean there is necessarily anything at all wrong with the home, they may just need to sell to relocate for a job change or to purchase a larger home or other reasons. This is a good time to find a great home at a great price.”
HCCI’s goal in offering the workshop is to help first time homebuyers know the home buying process so they can make good decisions. Burk, a Certified Comprehensive Housing and Credit Counselor, has been with HCCI for 12 years. In addition to teaching the workshop Burk said HCCI also provides free counseling for first-time homebuyers.
HCCI says people who attend a homebuyer class and follow-up with face-to-face counseling are far less likely to default on their mortgage in the future because they not only know what to expect at every step in the home buying process but they have also learned to budget to successfully manage a house payment, taxes, insurances and routine upkeep and repairs. “Knowing what you can afford to buy, getting pre-qualified for a loan, and then staying within that price range is a good rule to follow for every homebuyer,” Burk said.
The free HCCI Homebuyer 101 Workshop will cover everything from how credit scores can make or break the chance to apply for a loan to choosing a realtor to shopping for insurance. The workshop is sponsored by Capitol Federal and the City of Topeka Department of Housing and Neighborhood Development. Space is limited and registration is required. To enroll contact HCCI at 234-0217 or 1-800-383-0217 or e-mail firstname.lastname@example.org.
For additional information about the counseling and financial literacy education HCCI offers go to www.hcci-ks.org.