Thinking about buying a home? Well, a recent 270-page HUD study found that the more educated homeowners are about the loan process, the less in closing costs they pay.

In hindsight, I wish my husband and I had taken a home-buying course before we took the leap. Nothing terrible happened to us, but I’m certain we paid more in closing costs than we had to because we didn’t think to shop around. Instead, we blindly settled for the in-house loan officer that our Realtor suggested.

I will go out of my way to save a buck on milk. But I don’t shop around for my loan? Hello?

The Minnesota Home Ownership Center is having a series of classes called “Opportunity Knocking” about the home-buying process.

The dates are Thursday, June 12th, Tuesday, June 17th, and Saturday, June 21st.

What are your home-buying tips? Any resources to share? Any mistakes you wish you hadn’t made?

This entry was posted on Friday, June 6th, 2008 at 12:04 pm and is filed under housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.