WHO: First time homebuyers
WHAT: 5th Annual Home Buyers Fair, sponsored by the East San Diego County Association of REALTORS Housing Opportunity Committee
Multiple lenders and local government agencies will be offering options regarding down payments, closing costs and silent second loans for low-to-middle income first time home buyers.
Booth space is available from $100.00. Vendors and prospective first-time homebuyers can learn more about the event by calling 619-579-0333, ext. 102, between the hours of 9:00 a.m.-5 p.m. or on the Web anytime at www.edscar.org.
WHEN: March 20, 2010, from 9:30 a.m. to 2:30 p.m. There is no cost to attend the event and parking is free.
WHERE: Ronald Reagan Community Center, 195 East Douglas, El Cajon, CA 92020
HOW: Seasoned realtors, financial experts, lenders and local government agencies will share their knowledge in the form of workshops and presentations such as the “ABC’s of Buying a Home.” Additional workshops and presentations:
Ø What consumers need to know when buying a real estate owned and short sale property;
Ø Representatives from the U.S. Department of Housing and Urban Development will educate attendees about the Neighborhood Stabilization Program and first time homebuyer programs;
Ø Springboard, a non-profit consumer credit management organization, will share vital information about how to save money;
Ø Fair attendees will also learn from San Diego’s well-known money man, George Chamberlin, executive editor of The Daily Transcript, and money advisor for KNSD-TV 7/39. Chamberlin will be the featured speaker at the event and will address attendees at Noon;
Ø Other lenders and local government agencies expected to participate at the fair include US Bank, Wells Fargo Home Mortgage and the City of La Mesa.
WHY: With approximately 8,500 homes for sale in San Diego County, including hundreds of short-sale and foreclosure opportunities, first time home buyers have a unique chance to take advantage of a tremendous buyers market that is likely to continue through 2010. It’s also an especially opportune time for those seeking to purchase a bigger home. Yet purchasing property can be an overwhelming process for first time home buyers, which is why the annual Home Buyers Fair provides a great opportunity to learn from the experts.