Some say it is a buyer’s market. “Prices are low; mortgage rates are low and there are many homes on the market to pick from,” state Brenda Schmitt, ISU Extension Family Finance Specialist.
Nearly everyone dreams of owning a home so it is easy to get caught up in the frenzy. ISU Extension publication PM 1460 helps those thinking about home-ownership, to look at some important issues with an unemotional eye. Check out Money Mechanics – Buying a House. There is also an online class available for $45 called A Place of Your Own. At the end of 5 lessons, there is a certification exam. When you pass the exam, you receive a home-buyer’s certificate which you may take to a local lender. For more information or to join the conversation on Home Ownership, visitblogs.extension.iastate.edu/isumoneytips. Look for the July 16th entry called A Place Of Your Own.
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