Great news for buyers of Sylmar real estate and others who need more education about home buying and financing!
Years ago when I worked in the Public Relations Department of Countrywide Home Loans in the company’s world headquarters in Calabasas, CA, we kicked around the idea of conducting seminars to educate school children about what it really takes to be a homeowner, and what being a homeowner means financially.
Had Angelo Mozilo only listened…
Finally, in an effort to educate the home-buying public of all ages, the U.S. Department of Housing and Urban Development has unveiled a new website to improve the financial literacy of Americans. The goal is to help the public enter the home buying arena with eyes wide open, sustain healthy homeownership, and achieve financial security. The website, called “My Money, My Home, My Future,” covers such critical topics as:
9 Steps to Buying a Home
Housing Counselors and Lenders
Banking, Credit and Building Wealth
Foreclosure Process and Alternatives
Refinancing Loans and FHA Insured Loans
There also is a self-assessment tool that helps users understand the necessary and correct steps to own a home, refinance a home, enhance their financial skills, and much more.
It’s great stuff!