Group offers free homebuyer education seminar

By: Kayla Dimick | Southfield Sun | Published July 30, 2014

SOUTHFIELD — Prospective homeowners have tons of decisions to face — where should I buy a house? What is my budget? Should I contact a real estate agent?

To help answer these questions and more, Southfield Human Services is teaming up with Lighthosue of Oakland County to hold a free homebuyer education seminar.

The seminar will take place 10 a.m.-4 p.m. Aug. 16 in the meeting room of Southfield Public Library, 26300 Evergreen Road, and is open to the public. Attendees do not need to be a resident of Southfield to register.

Now in its third year, the seminar will feature various speakers, including a lender, a Realtor, a title agent and a home inspector, each covering topics related to purchasing and owning a home.

“We let you know from the beginning about all the different programs,” said Rhonda Terry, office coordinator for Southfield Human Services. “Down payment to purchase rental property, somebody to explain which inspections to get, when it’s time to close.”

Terry also said that once prospective homeowners complete the seminar, they will be rewarded with a certificate. That certificate can be used to fulfill the education requirement some people need in order to get financing and payment assistance.

Lighthouse of Oakland County spokesperson  Peggy Goodwin said it is important for prospective homeowners to get educated on the home buying process after the recent downward spiral of the housing industry.

“It’s important because we have just come through a foreclosure crisis in recent years,” Goodwin said.

Goodwin said the seminar will prepare prospective homeowners for people who may not have their best interests in mind.

  “First-time homebuyers and everybody have it in their heart they want to own a home, so it can’t hurt to get the info up front so you don’t go in blind and get talked into something you’re not ready for,” Goodwin said.

Reservations must be made by Aug. 13 by calling Sheila Lincoln at (248) 972-1498 or emailing slincoln@lighthouseoakland.org.