Buying a home 101

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This is a follow up on my HUD post. HUD does have Youtube videos showing how to shop for a home, how to shop for a loan, and how to close the deal. I find them so helpful that I want to share with you.

In the videos, the officials mention HUD’s settlement cost booklet which can be downloaded here. You can also call the distribution center at 1 (800) 767-7468 to order printed version.

Don’t forget to check out the Local Homebuying Programs. The Housing Counseling Agencies often have free pre-purchase Homebuyer Education workshops throughout the year. I think the seminars are great resources.

This post looks short but it does contain a lot of information which takes time to absorb. I have spent all week long just to understand the whole idea but not the details. I hope you will not feel overwhelmed. Remember to study slow but stable.

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