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What Should Potential Homebuyers Do Before They Start Shopping Around?
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(55 seconds)
-- How Will You Use This Story? --
(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".
