The Anoka County Community Action Program (ACCAP) hosted a free housing fair June 19 at the Coon Rapids Civic Center.
Fourteen vendors had booth where representatives answered questions about foreclosure intervention, buying a short sale, buying a foreclosed home, financing or refinancing a home and fixing up a home.
Vendors included lenders, realtors, contractors and title services.
In addition, there were guest speakers from the U.S. Department of Housing and Urban Development (HUD), Minnesota Housing, US Bank Home Mortgage, Edina Realty and ACCAP.
Seminar topics included foreclosure intervention, FHA loans, home affordable refinance program, first-time homebuyer assistance programs and fix-up funds.
Jeanne Ubel and Brian Vest were among those stopping by the vendors at the housing fair.
Ubel, who presently rents in Coon Rapids, is in the market for a home, she said.
“I’m itching to buy a home,” Ubel said. “This is a very good time to buy.”
The mortgage she would have to pay to be a homeowner would be about the same or even less than the amount she is paying to rent right now, according to Ubel.
Housing services offered by ACCAP include a partnership with Anoka County Corrections Department to construct affordable housing in the county; a home ownership program that includes pre-purchase education, confidential financial counseling, post purchase follow up, reverse mortgage counseling and foreclosure prevention; homes for rent; and housing rehabilitation funds.
For more information, go online to www.accap.org.
Peter Bodley is at email@example.com