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.

*Loan programs

    -USDA Rural Development providing home loans with zero money down.

    -Conventional loan benefits vs FHA loans.

*Market Conditions

    -Housing inventory

    -Interest rates

    -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.