Here is another example of how you can live in a place for years and not know everything about it. I am even more ashamed because this relates directly to my business. I was driving down Main Street, Wheaton today and a small sign caught my eye – DuPage Homeownership Center. So, I turned my car around and went inside to see what I was missing.
A nice man welcomed me inside and give me all sorts of information about their first time homebuyer’s program and educational classes. The mission of this nonprofit, charitable organization is “to increase accessibility to and preserve homeownership, with an emphasis on serving first-time homebuyers and low- and moderate- income persons.”
They offer two first time homeowner classes each month. The next one is on July 26, 2008 from 9am – 1pm at St. Raphael Catholic Church in Naperville. Reservations are required, so call 630-260-2500 to reserve your spot.
The DuPage Homeownership Center created the Homestead Program in 1992. This financial program allows buyers to pay less in interest charges so they can afford more house for their money. There are restrictions to enter this program, such as the home can not cost more than $275,000, you must be able to put 3% down and be up to date on all local, state and federal taxes.
The Center also offers help to people facing foreclosure. In the last five years, The DuPage Homeownership Center has help 75% of their clients avoid foreclosure. It’s good to know that there are organizations out there helping people achieve the American Dream of homeownership. And in our current economic climate, groups like this are needed now, more than ever.
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