How to Make Homebuying Easier and Less Expensive

Purchasing a home is the ultimate goal for many U.S. households. The thought of choosing to paint rooms any color under the rainbow, hammer nails into the walls to hang favorite photos and art pieces, and simply having a safe space that doubles as a personal investment is shared by many.& In pricey markets including the DMV area, many think the prospect of becoming a homeowner is far-fetched. Rising home prices, increasing interest rates and the harsh reality of real estate race disparities can be discouraging setbacks. Luckily, homebuying guidance and preparation can turn those obstacles into homeownership opportunities, according to Milan Griffin, Chief Operating Officer of HomeFree-USA. HomeFree-USA, in collaboration with lending partners like Wells Fargo, are helping renters become homeowners.& Milan Griffin and HomeFree-USA partner with Wells Fargo to increase diversity and inclusion for both homebuyers and mortgage industry employees. ( (photo courtesy of HomeFree USA) “When people are ready to start the homebuying process, they usually call a realtor or loan officer first, instead of a HUD-certified Homeownership Advisor,” said Griffin. Doing so, hurts homebuyers by limiting their access to money-saving mortgage programs and increases the likelihood of loan denial.& There are so many things’ people don’t...