Housing Counseling and Homebuyer Day Event on Saturday

Here's the full press release:

First time homebuyers or those facing financial challenges staying in their existing homes, are invited to attend the Housing Counseling and Homebuyer Day event on Saturday, April 25 from 9 a.m. to 5 p.m. at the Activity Center at Bohrer Park, 506 S. Frederick Ave., Gaithersburg.  Presented by the Housing Initiative Partnership and the City of Gaithersburg, the event is co-sponsored by the Montgomery County Department of Housing and Community Affairs, the Montgomery Housing Fair and Bank On Gaithersburg.

Housing counselors will offer free one-on-one sessions addressing foreclosure prevention, pre-purchase preparations, financial capabilities and rental counseling.  Representatives of Bank On Gaithersburg and the Financial Wellness Coalition will help individuals open low-cost bank accounts and provide information on financial education classes, including credit, savings and budgeting.

Participants interested in owning a home are encouraged to register for the eight-hour homebuyer seminar.  Pre-registration is required.  The seminar fee is $50 for an individual or for a couple applying jointly for a home loan.  The seminar will help attendees understand the homebuying process and will feature speakers from the real estate industry,  including loan officers, realtors, home inspectors, insurance agents and settlement attorneys.  Information will also be presented on various down payment and closing cost assistance programs.

For more information, or to register for the homebuyer seminar, call the Housing Initiative Partnership at 301-916-5946 or visit www.hiphomes.org.