GREENSBORO, N.C. -- Realtor Trish Adams still remembers buying her first home. She did it alone, with the advice of an older cousin, and figured things out along the way.
“I did not even understand what a Realtor was at that time,” she laughed.
But buying a home was an intensely important goal in her life.
“For me, I grew up poor. I grew up in the projects. So I take it very seriously in the respect. If you have a dream, a desire to be a homeowner, because I went through the process myself, I want to help you fulfill that dream.”
That’s why Adams hosts workshops for first-time home buyers who are ready to take that step but have questions about the process.
She and mortgage lender Jill Burgess are hosting a workshop this Thursday at the Women’s Resource Center of Greensboro.
Burgess is the Branch Manager of Peoples Home Equity, Inc. in Winston-Salem.
She says the financial questions are the first, and often most important, things people ask about at their seminars. They answer questions about credit scores, bankruptcy history, down payment requirements and assistance programs available for first-time homebuyers.
“The way we express it is -- you have to understand we’re lending you a large chunk of money so we have to make sure that you can pay it back. I might have to hold your hand for a couple years and get your credit where it needs to be -- or advise you about saving up a down payment. And that's OK!”
However, she added, a lot of potential home buyers are surprised that they can comfortably afford to buy their own home.
“I tell them as long as they’ll stick with me and work through it -- we will. A lot of people are scared to take that step. They get into that mode of paying rent. And a lot of times, rent is higher than a house payment,” Burgess pointed out.
This week’s first-time home buyer seminar is especially designed for women. It’s Thursday, March 3 from 5 p.m. to 6:45 p.m. at the Women’s Resource Center of Greensboro at 628 Summit Ave.
To register call (336) 275-6090 or email your name, daytime phone number and title of workshop to email@example.com. It’s open to women ages 18 and older.
Trish Adams can be reached at (336) 514-2508 or YourRealtorTrish@Hotmail.com
Jill Burgess can be reached at firstname.lastname@example.org or at her office (336) 740-9068.