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It’s Not Always Marriage Before Mortgage

11/8/2016

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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.
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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 statistics on the first-time buyer:
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Unmarried couples jumped up to the third spot, right after their married counterparts and single women. Many couples are buying a home before spending what would be a down payment on a wedding.

Bottom Line
You may not be much different than many people who have already purchased their first home. Meet with a local real estate professional today who can help determine if your dream home is within your grasp.

SOURCE KCM

#Buyers #Mortgage #SimardRealtyGroup
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  • Home
  • About
    • Testimonials
    • Contact
    • My home selling system
  • Home Search
    • Free Home Inspection
    • Financing
    • Mortgage Calculator
  • Listings
    • Open Houses
    • New Listings
    • Sold Homes >
      • Sold Homes
    • Listings Blog
  • Home Value
  • Resources
    • Real Estate Advice
    • Market Data
    • Granby CT >
      • Granby area photos
    • East Granby CT
    • Simsbury CT
    • Avon CT
    • Canton CT
    • New Hartford
    • Barkhamsted
    • Bloomfield
    • Suffield
    • West Hartford
    • Western MA >
      • Westfield MA
      • Southwick MA
      • Agawam MA
  • New Listings and Price Reductions
  • News and updates
  • Promo Videos