FINANCING UPDATE INFO DAY AT CABR
The CABR REALTOR/Lender Committee has put together two programs on August 12th to help you meet the needs of potential buyers by helping them find mortgage financing.
Ohio Housing Finance Agency (OHFA) Programs Update
Thursday, August 12, 2010 • 9 a.m. – 12 noon
Instructor: Dana Smith, OHFA
Fee: $30 CABR members/$40 all others
Credit: 3 hours of Ohio elective credit
As a real estate agent you are usually the homebuyer’s first contact, it is important for you to understand OHFA’s programs and know how to determine your customers’ eligibility. OHFA is bringing this continuing education course specifically designed for real estate agents.
CABR will be hosting OHFA representative Dana Smith to help you understand how OHFA may be able to help your buyers. Dana will cover two essential parts of OHFA’s current programs:
First-Time Homebuyer Program
• How the First-Time Homebuyer Program can benefit buyers, sellers and agents
• Updates and changes to the First-Time Homebuyer Program
• Additional financial assistance options
OHFA Program Updates
• The current MCC Program
• New Grants for Grads Assistance Option
• Homebuyer Education program requirements
Don’t miss this opportunity to find out about financing opportunities that are available for your potential buyers.
CLICK HERE to register under the Education Module
u Renovation Financing Opportunities with 203K Loans – FREE Forum
Thursday, August 12•12:30 – 2:30 pm
Where can tomorrow’s property values improve today’s business prospects? Learn about this important tool for homeownership opportunities. The 203(k) is HUD’s primary program for the rehab and repair of single family properties. A panel of lending experts will explain all of the details including:
► Renovation Loan Options
► One-time Close Renovation Mortgages
► Stages of the Renovation Loan Process
► “After-Improved” Appraisals
► Role of the HUD Consultant
► Feasibility Study
► Work Write-Up
► Benefits for the Real Estate Agent
Sign-up now and learn how you can help buyers purchase a homes that need repairs with just one loan.
CLICK HERE to register under the Event Module
If you have any questions or need help registering, please contact Annette Chmiel , CABR Director of Education at achmiel@cabr.org or 513-842-3011.
