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What Should Potential Homebuyers Do Before They Start Shopping Around?


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(OPEN):
WITH INTEREST-RATES NEAR HISTORIC-LOWS--AND HOME-PRICES MORE AFFORDABLE THAN IN THE LAST DECADE--RIGHT NOW MAY BE A GREAT TIME FOR WORKING-FAMILIES WHO ARE READY FOR HOMEOWNERSHIP TO GO AHEAD AND BUY A HOME.  BUT, HOW DO HOMEBUYERS KNOW WHETHER THEY'RE PREPARED TO REALIZE THE "AMERICAN DREAM"?  MARIETTA RODRIGUEZ, OF NEIGHBOR-WORKS AMERICA, OFFERS THESE TIPS...

(RODRIGUEZ):
"BEFORE THEY SHOP AROUND, POTENTIAL BUYERS SHOULD: VISIT A HOMEOWNERSHIP-ADVISOR, IN ORDER TO GET THEIR FINANCIAL-HOUSE IN ORDER; MAKE SURE THAT HOMEOWNERSHIP REALLY DOES FIT WITHIN THEIR LIFESTYLE; GET PRE-APPROVED FOR MORTGAGE-FINANCING; CAREFULLY SELECT A LOCATION; AND SECURE AN APPROPRIATE MORTGAGE.  WE ENCOURAGE PEOPLE TO VISIT A LOCAL NONPROFIT-ORGANIZATION THAT'S A MEMBER OF THE NEIGHBOR-WORKS NETWORK, OR ANY ONE OF OUR HUNDRED NEIGHBOR-WORKS 'HOMEOWNERSHIP CENTERS'--WHO ARE SPECIALLY TRAINED TO PROVIDE ASSISTANCE THROUGHOUT THE HOME-BUYING PROCESS.
"

(CLOSE):
FOR MORE INFORMATION--AND TO FIND A "HOMEOWNERSHIP CENTER" IN YOUR AREA--VISIT "N-W"-DOT-ORG-SLASH-"HOMEOWNERSHIP".



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