Free first time homebuyer conference May 1

FALLBROOK – A free seminar designed to acquaint first-time home-buyers with federal and local government incentive programs, as well as current requirements for homeownership, will be on Saturday, May 1. The seminar will be held from 9 a.m. to 5 p.m. at the Fallbrook Public Utility District board room, 990 East Mission Road.

Stephanie Murphy, a consultant with Money Management International and lead presenter, said attendees will receive up-to-date information about new and existing government programs, including those expiring soon, and tips on meeting obligations to avoid foreclosure.

“Several locally funded programs and incentives exist to help those who have never owned a home before take the first steps toward buying their first home,” said Murphy. “Some state and federal programs are nearing expiration either because ending dates are imminent or available funds are tapped out. Prospective homebuyers need to know which are still available.”

The seminar is sponsored by San Diego County’s Down Payment Assistance Program. It is obligation-free for attendees, she said, and added that registration for the seminar is online only at http://www.crediteducation.org.

Experts from The Jacques Company and US Bank will provide current information on the market and lending requirements.