Homebuyers, take note. The Colorado Housing and Finance Authority (CHFA) now offers the option of receiving education online at http://chfauniversity-homefinance.knowledgefactor.com. The online homebuyer education program is in addition to an online money management program (http://chfauniversity-homefinance.knowledgefactor.com) for existing homeowners. In addition to the online program, the authority will continue to offer face-to-face homebuyer education classes throughout Colorado via its non-profit partners. For more than 30 years, CHFA has provided financing to qualified homebuyers statewide. Most CHFA customers are first-time buyers of low- to moderate incomes, and many are inexperienced in the home-buying process. “We believe that homebuyer education helps people make good decisions about buying a home,” said CHFA’s Home Finance Director Karen Harkin. “A well-informed consumer asks good questions and makes good decisions. Understanding the process empowers people to make smart financial decisions about what kind of loan makes sense for them and helps prevent some of the problems that we believe has exacerbated the current foreclosure situation. Sometimes they even make the decision that they are not ready yet for home ownership." The homebuyer education curriculum includes topics such as finding a real estate agent and reputable lender, how to live on a budget and home maintenance. CHFA offers homebuyer education classes in English and Spanish and will make arrangements for classes in other languages. Homebuyer education and money management classes are free of charge and are available even for buyers who don't obtain a CHFA loan. More information: http://www.colohfa.org/, (303) 297-7376 or (800) 877-CHFA, ext. 376.