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Classes for First Time Buyer - Are they worth it?
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Sam DeBord, "SeattleHome.com"
Real Estate Agent
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Zillow All-Star
Since February 2009
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Of course, first time home buyer classes are free for a reason. The Realtors, mortgage pros, and title officers who put on these classes are hoping you'll use their services when you decide to buy (yes, I am doing just that right now). If you're averse to getting a bag full of bank advertising and spending an hour with a handful of other potential buyers, maybe it's not for you. If you can handle a follow-up call or email from a real estate pro after the class, it's probably worth your time to gain a lot of free knowledge in a short amount of time. The class also gives you a great chance to see if you're comfortable with the personalities of the folks you might decide to work with.
Maybe you'll use the instructors' services, maybe you won't. You will get a much better feel for things like mortgages, down payments, credit, title, escrow, contracts, distressed properties, and agency law without having to search online all night to find it.
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