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Wary Americans sitting home buyer 101 classes

China Daily | Updated: 2008-06-05 07:58

Concerned by foreclosures but keen to take advantage of sliding home prices, a growing number of prospective buyers in the United States are signing up for a different kind of class: home-buyer education.

"These people have seen what's happened around them, to their neighbors, their friends or their family," said Tim Bolding, executive director of United Housing, a nonprofit lender that offers such classes.

"They want to buy but don't want to end up like the people they see around them, so they're coming to us."

Wary Americans sitting home buyer 101 classes

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