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Homebuyer Education Classes Walk Participants Through the Maze of Homeownership

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. 

Allison Gallimore recently participated in CHP’s homebuyer education workshop and just purchased a new home.  “I had a wonderful experience with CHP as a first-time home buyer. I participated in the homeownership class and would recommend it to anyone trying to purchase a home. I also used CHP’s Real Estate and Counseling services. The CHP team was wonderful in helping us search for the right home. Once we found the perfect house, they did everything they could to make our purchase as smooth as possible. CHP knew the answers to all my questions and made sure to explain everything in great detail. Without their help, we would not have our house!” 

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

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 in the New River Valley at rstenger@chpc2.org or 540.382.2002, ext. 3307 or Schirra Hayes in the Richmond area at shays@chpc2.org or 804.343.7201, ext.2035.