HOMEBUYER READINESS

Habitat Chicago believes every homeowner should have the tools needed to be successful for many years to come. 

 

All Habitat Homebuyers complete a series of weekend and evening courses over six to nine months. During this time, you will be part of a cohort to provide you with support during this process. Friends, family and other current or prospective homeowners are also welcome to attend.

 

Courses

  • Welcome: You will receive an in-depth overview on the Habitat Affordable Homebuyer Program, including expectations for volunteering, financial commitments, other funder and partner criteria, and homebuyer training. 

 

  • Community and Civic Engagement: Through discussion and reflection, you will gain insight on effective community engagement and explore ways to get involved, such as forming or becoming a part of block clubs and associations.

 

  • HUD-Certified First Time Homebuyer Course: You will be made aware of topics related to the first-time homeownership experience, like closings, mortgages and credit.

 

  • Media and Communications: Because Habitat Homebuyers often receive attention for their participation in our program, we provide techniques to help you effectively tell your story.

 

  • Conflict Resolution and Mediation: We will teach you how to peacefully resolve conflicts and implement de-escalation techniques that can be applied in the community, at home, work or school.

 

  • Financial Fitness: This four-part series includes borrowing basics for various types of loans and how to avoid predatory lending, the financial considerations of purchasing a home, how to manage money, and how to save more money.

 

  • Protecting Your Asset: You will learn about the importance of property insurance, things to consider when searching for insurance, and the factors that go into its cost.

 

  • Property Taxes: You will receive information about Cook County taxes for homeowners, how taxes are assessed, and how to manage your rates.

 

  • Mortgages and Deeds: You will learn about mortgages and deeds, purchase contracts, Good Faith Estimates, Truth In Lending, as well as other relevant information.

 

  • Estate Planning: You will learn about the importance of planning for the future, including wills, power of attorney and more.

 

  • Home Maintenance: You will learn how to properly maintain your home, and make basic repairs through DIY techniques.

 

Get Started

Ready to begin the exciting homebuyer process? Take a look at our calendar of events for upcoming classes or visit our Affordable Homeownership Program page to learn about applying for homeownership with Habitat Chicago. 

 

Need more information? Contact us at application@habitatchicago.org.
 

 

 

 

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