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Free Homebuyer Education Classes a Valuable Resource for Prospective Homeowners

Christiansburg, Va. - The prospect of buying a home can be overwhelming to many, but free homebuyer education classes offered by Community Housing Partners (CHP) can provide New River Valley and Richmond area residents with the knowledge and confidence needed to purchase a home.

CHP, a nonprofit community development corporation, has been assisting families with their housing needs for over 35 years. “Our homeownership team is committed to helping modest- to moderate-income customers realize the dream of purchasing their own home,” said Ryan Stenger, CHP’s homeownership specialist, “Individuals may be intimidated by the home buying process but our in-depth education and training prepares consumers -- emotionally and financially -- for the commitment and investment of buying a home, generally the largest purchase they will ever make.”

The two-night homebuyer education classes include information on credit and personal finance, budgeting, qualifying for a home loan, negotiating a purchase, applying for a mortgage, and loan closing. “CHP’s goal is to teach our clients how to make wise consumer choices and become successful long-term owners. Helping individuals realize the American dream of homeownership is financially and emotionally empowering and also contributes to the vitality of communities,” stated Stenger.

“Now is the time to start thinking about purchasing a home. Mortgage interest rates are hovering around record lows, home prices have declined and actually overcorrected in many areas, inventory is plentiful and sellers are motivated. Our classes can help prospective buyers become mortgage-ready so that they can take advantage of the current ‘buyer’s market,’” added Stenger.

Free to the public, CHP’s homebuyer education classes are held at 448 Depot Street, Christiansburg and 100 W. Franklin St, Suite 300, Richmond on the following dates:

Jan 24 and 26, 5:30pm - 8:30pm
Feb 21 and 23, 5:30pm - 8:30pm
Mar 20 and 22, 5:30pm - 8:30pm
Apr 17 and 19, 5:30pm to 8:30pm
May 22 and 24, 5:30pm to 8:30pm
June 19 and 2, 5:30pm to 8:30pm

To register for a class or to find out more, contact Ryan Stenger at rstenger@chpc2.org or 540.382.2002, ext. 3307.