January 19, 2016 by Jeff Lowen
There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still others might think their current income would never enable them to qualify for a mortgage.
We want to share what the typical first time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting revelations on the first time buyer:
The moral of the story…
You may not be much different than many people who have already purchased their first home. Let’s get together to figure out if your dream home is already within your grasp.
News flash: By the time you add up the cost of moving, security deposit, first and last months’ rent, it may be more expensive than a down payment! There are many down payment assistance grants and programs available that you might be able to take advantage of, too! Click the Down Payment.org search engine logo below to find out!
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