Check out the resources here to assist you in using your housing dollars effectively. Browse the topic areas to get help in buying a home, maintaining a home or preventing the loss of your home to foreclosure. You can also learn about renters rights. An online course on How to Buy a Home and The Basics of Foreclosure Prevention are available at extension.usu.edu/hbe. Another resource is Utahforeclosureprevention.com. You can also visit the Department of Housing and Urban Development website for assistance.
As you know, your housing expense is the largest part of your budget. Making a wise home purchase can help protect your financial stability and allow you to have money for other areas of your budget.
Learning the basics of shopping for a home, knowing how to work with housing professionals along the way and being aware of resources in the community to assist in the home buying process can make the process less stressful. Often there are grants and low-interest loans available from local jurisdictions and non-profit agencies. A home buyer course can help you assess your financial readiness to purchase. It can also help you be familiar with the whole process before starting so you can be a wise consumer.
Even if you have already purchased a home, challenges may come your way. If you are having difficulty financing your home, there is free foreclosure prevention counseling available to assist you from non-profit housing agencies in the State of Utah and in other states as well. You do not have to pay for these services. Call 211 in Utah to find a counselor in your area of the state. You may also want to review the free Foreclosure Prevention Handbook found at: Utahforeclosureprevention.com.