How to Buy Your
Own Home is a workbook that will walk you through the
steps of choosing and buying your own home. You will also
learn how to fill out many
of the forms you will come across in buying a home. By the
time you have turned the last page, you will better understand
how to make your home-buying
dream a reality. You will also know much more about the
responsibilities and benefits of homeownership. Whether
you are ready to buy soon or see buying a home as a long-term
goal, this book will help you plan for the future.
You may
use this student workbook in your Adult Basic Education
classroom or as part of special classes on homeownership
held by a community-based organization in your neighborhood.
Or, if you study one-on-one with a tutor, you may ask him
or her to work with you to use the material for individual
instruction. Your teacher may want
to contact the Fannie Mae Foundation for a free copy of
the teachers manual that goes with this student workbook.
It contains many suggestions for additional group and individual
activities. Please refer to
the Free Resources section on page 125 of this workbook
for more information about ordering additional materials.
How to Buy Your
Own Home provides a general overview of some of the
many aspects associated with buying a home. You will find
that there are many more details you will need to know depending
on your individual needs. Real estate agents, attorneys,
appraisers, mortgage lenders, and home inspectors are several
professionals whose advice might prove useful. Community
organizations and other nonprofit groups also provide information
and assistance on buying a home.
This workbook was
developed as part of the Fannie Mae Foundations Targeted
Outreach Programs to help underserved communities expand
their housing opportunities. The Fannie Mae Foundation is
a national private foundation that provides a variety of
information useful to those who want to buy a home. This
workbook was created with the Center for Applied Linguistics,
an educational institution in Washington, DC, with more
than 35 years of experience preparing curricula and instructional
materials for the classroom.