To help you prepare for homeownership, the Wyoming Community Development Authority and Wyoming Housing Network Inc. (WHN) have created an on-line class that makes the complex process of home purchasing more understandable and attainable.

To register for the on-line homebuyer education class, go to WHN's web-site at http://www.whninc.org/

In addition to an on-line course, WHN also provides a one-on-one counseling session that can be completed at the Wyoming Housing Network's office in Casper or over the telephone.  When added together, the on-line class and one-on-one counseling, a prospective homebuyer can learn the entire homebuying process.  Some of the specific subjects that are covered are:

• How to examine your housing needs and prepare to make housing decisions about your own situations.
• The advantages and disadvantages of new homes, existing homes, factory built homes and condominiums.
• How to analyze your own financial situations and learn strategies to improve your financial management to prepare for homeownership.
• How much you can afford to pay for a house including down payment, loan principal and interest as well as insurance and tax payments.
• How to maximize your chances for qualifying for a loan.
• Strategies in shopping for a home.
• How to evaluate the location, structure and features of your home.
• The home inspection and appraisal process.
• Mortgage terminology and how to apply for a mortgage loan.
• Different types of lending programs, different sources for mortgage loans, comparing the different programs and discussing options when a loan application is denied.
• How to prepare for the real estate transaction closing process.
• The responsibilities and opportunities of homeownership.
• How to schedule routine home maintenance, choose home improvements and make wise use of home equity.
• The purpose of title insurance, mortgage insurance, homeowners insurance, flood insurance, home warranties and credit/life insurance.

For more information about Homebuyer Education see the Wyoming Housing Networks website.