First-Time Home Buyer Course Learn How To Purchase A Home

Budgeting, Saving, Credit Repair and Loan financing

What you'll learn

The student will understand their credit report and how to improve their credit rating

The student will understand homeownership mortage lending practices

The student will understand how much mortgage they will able to afford

The student will learn what downpayment and closing costs are

The student will learn what the role of professional are like Real Estate Agent, Mortgage Lender, Banker, Appraiser, Home Inspector, and Real Estate Attorney

Requirements

The student should have a computer or mobile device

Description

Embarking on the journey to homeownership can be both exciting and daunting, especially for first-time buyers. That's why I've meticulously crafted a comprehensive Home Buying 101 course, strategically designed to demystify every aspect of the process. From laying the groundwork with credit repair strategies to unraveling the intricacies of mortgage lending practices, this course serves as your trusted companion through every step of the journey.In this course, we discuss the keys that many of us miss or never learn on our financial journey. Sometimes we were given poor information or none at all as it relates to securing a healthy financial future. Many of us had to make things up as we went along.At the core of this course is a commitment to empowering individuals with the knowledge and confidence they need to make informed decisions. We delve deep into the nuances of the real estate market, equipping learners with the tools to navigate its twists and turns with ease. From understanding market trends to evaluating property values, participants gain invaluable insights that set them on the path to success.But our journey doesn't stop there. With a keen focus on practicality, we dive into the art of effective house hunting, arming learners with proven techniques to find their dream home. Whether it's scouring listings, attending open houses, or negotiating offers, this course provides a roadmap for success in the competitive world of real estate.Beyond the hunt, we explore the essential topic of property search, offering insider tips and strategies to streamline the process. From leveraging online resources to working with real estate agents, participants learn how to navigate the myriad options available to them, ensuring they find a home that truly fits their needs and budget.But purchasing a home isn't just about finding the right property—it's also about laying a solid foundation for financial stability. That's why we delve into personal finance management strategies tailored to homeownership, ensuring participants not only secure their dream home but also build a bright financial future.Through engaging lectures, real-life examples, and interactive exercises, participants emerge from this course equipped with the skills and confidence needed to navigate the complexities of the housing market. Whether you're a first-time buyer or a seasoned investor, Home Buying 101 is your ultimate guide to achieving homeownership success.

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Budgeting for success

Lecture 2 Budgeting part 1

Lecture 3 Budegting Part 2

Lecture 4 The Debt Snowball Method

Lecture 5 Credit Report and How to Improve it

Lecture 6 Credit repair

Section 3: How to shop for a home in your budget

Lecture 7 Shopping for a home within your budget

Section 4: Disclosures

Lecture 8 Disclosures

Section 5: Buying a home after a Bankruptcy

Lecture 9 Chapter 13 and Chapter 7 Bankruptcy

Section 6: What loan products work best for you

Lecture 10 Types of Mortgage Loans

Section 7: Mortgage Application

Lecture 11 Mortgage Application

Section 8: Mortgage Approval Process

Lecture 12 Real life timeline

Section 9: Real Estate and Mortgage Professionals

Lecture 13 Professional Roles

Lecture 14 Choosing a Real Estate Agent

Section 10: Home Maintenance

Lecture 15 Maintenance and Repair

Section 11: When to Refinance your home

Lecture 16 When to Refinance your home?

Section 12: Predatory Lending

Lecture 17 Predatory Lending

Section 13: Income Debt Ratio

Lecture 18 Debt to Income Ratio (How much can you afford to buy?)

Section 14: Job Security

Lecture 19 Income Verification Types

Section 15: Real Estate Agency

Lecture 20 Working with Real Estate Agents

Section 16: Home Buyer Contract

Lecture 21 Making an Offer

Lecture 22 Q & A

Section 17: Your home is an investment

Lecture 23 Your home is an investment

Lecture 24 Rentals and Short Stay properties

Section 18: Association Fee

Lecture 25 Associations and Security Systems

Section 19: Down Payment and Closing Costs

Lecture 26 Downpayment and Closing Costs

Section 20: Saving for a Home

Lecture 27 Saving for a home

Section 21: Home Insurance vs Flood Plain Insurance (Disaster Insurance)

Lecture 28 Home Insurance

Section 22: Down Payment Assistance Programs

Lecture 29 Downpayment Assistance Programs

Section 23: Is borrowing from 401k good or bad?

Lecture 30 Is borrowing from 401k good or bad?

Section 24: Reverse Mortgage, Home Equity Line of Credit, Home Equity Loan

Lecture 31 Reverse Mortgage, Home Equity Line of Credit, Home Equity Loan

Section 25: How to Sell Your Home When it is Time?

Lecture 32 Selling your home

Section 26: Giving your home to your children creates generational wealth

Lecture 33 Giving you home to your children

Section 27: Congratulations!

Lecture 34 Congratulations!

This course is for first time home buyers.