Getting Your House in Order Homebuying Series

Community Partners for Affordable Housing (CPAH) presents Getting Your House in Order Homebuying Workshop Series. Founded by Sum Clarity and facilitated by CPAH, this series dives into African Americans' shared history, culture, beliefs and behaviors around money management. Additionally it will offer practical strategies to build financial knowledge toward a path to homeownership. Facilitators Janina Hall of CPAH and Terrence Terrell of A and N Mortgage Services will lead participants through a series of workshops that will set you on a path to homeownership. *Participants are highly encouraged to attend all sessions in the series. Course Highlights Week 1: History of Black Homeownership Explore the historic relationship between African Americans and money Identify how cultural, family and personal financial values affect financial behaviors Week 2: Spending Plans and Money Management Explore resources and money management methods that have been historically effective in the African American community and how these methods do or do not fit into the "traditional " financial systems Distinguish needs from wants and work within existing resources Week 3: Saving and Investing Understand the concepts and experiences with saving and investing from a historical, cultural and personal perspective Understand the principles of investing including risks and returns Week 4: Understanding and Using Credit Understand the costs, advantages & disadvantages of using credit Understand credit reports, credit scoring, and how leaders evaluate risk Week 5: Protecting Yourself and Your Assets How to better protect yourself from identity theft and financial fraud Understand the role and importance of insurance in managing risk Three additional weeks are being offered for those planning to purchase a home in the next 12 months. Participants may be eligible to receive a HUD-certified Homebuyer Education Class certificate upon completion of the full 8 weeks. Week 6: Pre-Approval What do lenders look for? Week 7: Steps of the Homebuying Process You're pre-approved and found a house to buy-Now what? Understand the many details from contract to closing Week 8: Homeowner Panel, Homeownership Fair, and Graduation For more information check out CPAH's website.