Money Watch Q&A: Rural Housing Deals
Are you considering buying a house? Before you start the process, learn more about a free home buyer's workshop designed to educate you and potentially save you time and money. Laura Lau, with the Nevada Rural Housing Authority, will be available to talk about that and answer any housing questions in tonight's Money Watch Q&A. Call (775) 858-2222.
Wednesday, April 15th 2015, 3:27 PM PDT by
Wednesday, April 15th 2015, 3:38 PM PDT
If you are considering buying a home, do not miss a free home buyer's expo happening this weekend at the Nugget in Sparks. It is designed to educate potential homeowners about what goes into buying a house. The Nevada Rural Housing Authority is hosting the event Saturday, April 18th from 1 to 4 p.m. Lenders, builders, inspection companies and non-profit partners will be available to answer questions.
Other topics will include:
*Down Payment Assistance
-Home at Last program provides four points of down payment assistance in the form of grants.
-The Mortgage Tax Certificate (MTC) program provides a federal income tax savings of up to $2,000 on one's mortgage interest annually in Nevada.
*Inspector & Appraiser Information
-How to choose one.
-What they do and for what they are inspecting.
*Renting vs. Buying
*Title and Escrow
*How to become a Homeowner
-Get pre-qualified and find out for what down payment assistance you qualify.
-How to choose a realtor.
-USDA Rural Development providing home loans with zero money down.
-Conventional loan benefits vs FHA loans.
-Free Credit Reports
-Credit Repair Information
If you are interested in attending the free expo, visit the NRHA website at www.nvrural.org or call (775) 887-1796.
You can also get all your real estate questions answered in tonight's Money Watch Q&A. Laura Lau with the Nevada Rural Housing Authority will be answering our phone lines from 5 – 6 p.m. at (775) 858-2222.