Mr Williamsburg, Revolutionary ideas on real estate!Hampton Roads Virginia

Are you thinking about buying a home, but not sure where to start, especially in challenging economic times? James City County’s free First-time Homebuyer Class can help.

In one day of training, you’ll learn the entire home buying process from start to finish, and how to stay on track as a responsible homeowner.

The James City County Office of Housing and Community Development will hold a First-time Homebuyer class Tuesday, April 24 and Thursday, April 26 from 6-9 p.m. at the Parks and Recreation Administration Building, 5300 Palmer Ln., Suite 1A.

Topics covered include personal finances, credit and credit scoring, qualifying and applying for a loan, choosing the right home and what happens at a loan closing. Anyone who is currently purchasing a home or is considering a purchase in the future will benefit from this class. For many applicants, the mortgage company requires them to complete a home buyers class prior to loan approval. Those who attend both sessions will receive a certificate of completion.

Space is limited. To register for the class, call 757-259-5340. For more information about the First-time Homebuyer Program, visit the website or call 757-259-5340. 

James City County’s First-Time Homebuyer Program   offers special low-interest rate mortgages for qualified, first-time homebuyers.  Down payment, closing cost assistance, and other incentives are also available.Currently, the program offers condominiums, single-family homes and townhomes to homebuyers with a yearly salary between $38,000-$67,000.

General qualifications for home purchase through the program include:

• Living or working in James City County
• Meeting income guidelines, and having good credit history.
• Credit report should not show unpaid collections or past due accounts, and the credit score should be at least 620.
• (Additional requirements may apply.)

Homes are currently available in the JCC program for qualified buyers in the communities of  Braemar Creek,Williamsburg Village at Norge,Liberty Crossing and Ironbound Square.

Filed under: james city county virginia | Tagged: first time homebuyers |