LA Partners in Homeownership, Freddie Mac, and HPP Cares Hosts Free Educational Event to Help Launch 200 First-Time Home Buyers

LOS ANGELES, Sept. 11, 2013 /PRNewswire/ -- On September 21, 2013 LA Partners in Homeownership will collaborate with Freddie Mac and HPP Cares to sponsor a free, full-day, educational, motivational, and resource-rich event designed to help up to 200 home buyers prepare to purchase their first home in the Los Angeles area.

Interested home buyers should register at www.HomeBuyerEventLA.com or by calling (877) 934-8922 today as space is limited. The event will be held at California State University Los Angeles.

Attendees at the Home Buyer Event LA will learn about exciting government and private sector programs for qualified first-time home buyers. These programs can boost first-time home buyers' buying power by lowering down payment requirements and helping with closing costs. Attendees will also learn about smart home search strategies, techniques for getting a purchase offer accepted in today's market, understanding the role of key players such as housing counselors, real estate agents and loan officers, how to qualify for a home loan under the best rates and terms available, and building a mortgage-ready credit profile.

Attendees will receive a personalized home buying action plan that includes an initial estimate of their home buying power and a certificate of completion from HPP Cares, a non-profit, HUD-approved housing counseling agency, a requirement for many home buyer assistance programs.

Freddie Mac Vice President of Housing and Community Outreach Christina Diaz-Malone said, "We're excited to be part of this event that expands homeownership opportunities by helping first time home buyers understand the steps to homeownership and the resources available to them. Informed home buyers are prepared home buyers - an important first step on the path to successful homeownership."

LA Partners in Homeownership is a non-profit association comprised of LA-based mortgage and real estate professionals that primarily focus on assisting first-time home buyers, especially low- and moderate-income individuals and families as well as new entrants to the housing market such as "Generation X" buyers.

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SOURCE LA Partners in Homeownership