Affordable Housing Education
Here is a brief description of the Affordable Housing curriculum:
Train-the-Trainer: How to Present An Affordable Housing Home Buyers Seminar
Train-the-Trainer program that is an association-standard Affordable Housing Home Buyers Seminar Course designed to teach Realtors® how to present an Affordable Housing Seminar to the public. The course includes a comprehensive training manual that gives a step-by-step guide in conducting a home buyers seminar. The manual contains information on planning and preparing for the seminar, an instructor's guide, a seminar outline, a financing information sheet, participant's handouts, sample recruitment letters, sample press release and PSAs, sample promotional flier and ads, a set of overheads and a copy of the Affordable Housing Manual.
Bidding on HUD Homes Course
This course will discuss how a property becomes government owned, how to locate available HUD-owned properties, the sale type status determined by FHA, the required documentation for sales contracts, the earnest money deposits policy, electronic bidding process for HUD owned properties and closing of HUD-owned properties.
Downpayment Assistance Course
This course features a detailed discussion of the most commonly used Downpayment Assistance programs available in the market, providing information on programs from the city of Columbus, Fannie Mae, Homes On The Hill, Columbus Neighborhood Housing Services and the Futures Home Assistance (a program similar to Nehemiah and AmeriDream) program.
Affordable Housing Finance Course
The Affordable Housing Finance course features an informative discussion of the following topics: Pre-approval vs. Pre-qualification; closing cost; Predatory Lending; Credit and Credit Scoring; Downpayment Assistance; 100% Financing Options; FHA/VA, Bond Money; Rehab Loans; 203K and Conventional loans; Land Contract and Lease Purchase; Non-Conforming Loans; Appraisal; FHA vs. Conventional adnthe 203k Rehab Appraisal, and Insurance (Mortgage vs. Title Insurance, Homeowners and Mortgage Life Insurance).