How do I know if I am ready for homeownership?
Owning a home is a huge responsibility and understanding that responsibility is essential to your success as a homeowner. That is why it is mandatory that you attend an approved Homebuyer Education Class prior to purchasing a home. After completing the class you will be better equipped to decide if homeownership is for you. A list of available classes is available at:
You can get a better idea if you are ready for homeownership by answering the following questions:
• Do you have a stable source of income?
• Have you been employed full time for the last year?
• Do you pay your bills on time, every time?
• Are you able to add to your savings monthly?
• Do you have a minimum savings of $2,000?
• Do you understand the significant responsibilities of homeownership and do you believe you are ready to make the commitment?

Show All Answers

1. How do I know if I am ready for homeownership?
2. What are the eligibility requirements to participate in the Voucher Homeownership Program?
3. How do I obtain financing?
4. Do I have to have good credit?
5. Are there any programs to help me save for a down payment?
6. What other costs are there?
7. Am I limited as to how much I can pay for a home?
8. Do I need to get my home inspected?
9. Am I responsible for other expenses incurred as a result of purchasing the home?
10. If interested in Homeownership, what should I do next?