Home ownership

Michele Boshane, left, will share the details of her home ownership quest at a free home buying seminar Saturday presented by Cheryl Deal, right, of Deal Realty.

Michele Boshane, mother of three adult children, was a renter for 15 years. She had a house once but lost it just before her husband died. 

Despite working hard as owner of Squeaky Clean of WNY, she thought she would never again be able to own her own home again. But she closed the deal on tidy two-story, three bedroom home in the Lasalle neighborhood of Niagara Falls last October. “I was so excited,” she said.

On Saturday, she will be the face of success at a free home buying seminar being sponsored by Deal Realty and Key Bank. 

“When she figured out the payments, rental verses buying, she figured out that ‘maybe I can achieve this,’ ” explained Cheryl Deal, who is hosting the event and who plans to share the details of Michele’s homebuying quest with attendees.

“I never thought I afford a house this nice,” Boshane said, noting she put about $1,000 down and then paid a few thousand for for the survey and some other costs on the $97,000 home. 

And while the financing was easier than she thought it might be, finding the home she closed on in October, was much harder. 

“When she was looking, the market was vey competitive. There’s a shortage of inventory, a lot of buyers coming in well over asking price, multiple offers and some paying cash. This was very discouraging and sometimes even frustrating because we’d schedule an appointment to look at something and it would be already sold.” 

“We’d put a bid in and they’d overbid me,” Boshane added. 

But, while finding the right house can be challenging, the seminar will help potential homebuyers understand the financing available to them, Deal said.

“Michele, like many others, did not realize that home ownership is a feasible option,” Deal said. She said Boshane was able to obtain a mortage through John Whiting, a Key Bank mortgage officer, who will also be speaking at the seminar.

“Michele had a vision, a goal, and a self-determined deadline for when she was not only going to find a suitable home, but successfully move into it as well. She worked tirelessly balancing work, family and her home search, which is no easy task being a single mom and entrepreneur,” Deal said. “I am incredibly proud of Michele’s hard work, determination and drive. She truly inspires me and she is my shining star.”

HOME BUYING SEMINAR

WHAT: A free seminar for potential home buyers

WHEN: 1 p.m. to 3 p.m. Saturday

WHERE: Key Bank, 2429 Military Rd., Niagara Falls

MORE INFORMATION: To register call 754-3301 or visit online at www.dealrealtyonline.com. There will be prizes and refreshments