Homeownership IS Obtainable for all – Read How

I Bought a Brooklyn Apartment on a Librarian’s Salary © Steven Senne/AP Photo Brown University students Nicha Ratana-Apiromyakij, left, and Nick Melachrinos, walk past a card catalog, right, at the Providence Athenaeum, in Providence, R.I., Monday, July 15, 2013. With roots dating back to 1753, the private library is one of the oldest in the … Continue reading Homeownership IS Obtainable for all – Read How

Where Should You Invest the Cash For Your Next Down Payment?

Low Down Payment

Where Should You Invest the Cash For Your Next Down Payment? by Scott Trench | BiggerPockets.com By Scott Trench updated September 10, 2017 Investor Financing & Creative REI It’s a common question from folks saving up to buy their first (or next) rental property, house-hack, or primary residence: Should I keep my money safe in … Continue reading Where Should You Invest the Cash For Your Next Down Payment?

Lower Down Payments Make Homeownership More Accessible

Lower Down Payments Make Homeownership More Accessible Although DownPayment Resource is reporting in their Down Payment Report for June that homeownership is struggling—63.9 percent of the population and falling—newer “super low down” loans are starting to become more popular with millennials to get their foot in the home-ownership door. The standard 20 percent down payment … Continue reading Lower Down Payments Make Homeownership More Accessible

Saving for down payment biggest obstacle to homeownership

~ a little bit of a no-brainer. But saving and obtaining a down payment is not as big of a hurdle that many anticipate. There are lots of programs that can help ~ Saving for down payment biggest obstacle to homeownership Posted by Carrie B. Reyes | Jun 6, 2017 | Finance and Mortgages, Home … Continue reading Saving for down payment biggest obstacle to homeownership

Homebuyer Hurdles

Check out these articles ~ The Down Payment is the Big Thing   Millennial Homebuyer Capacity is Shrinking   Rising Mortgage Rates Leave First-Time Buyers Timid

Young adults need to save for at least 5 years to buy a home: study

Young adults need to save for at least 5 years to buy a home: study We know buying a home isn’t a realistic possibility for most Americans. Particularly among homebuyers 35 and younger, affordability is a central concern, with 32.5% citing it as their primary worry. Only 7% said they had no concerns about the … Continue reading Young adults need to save for at least 5 years to buy a home: study

11 Easy Ways To Save Money

11 Easy Ways To Save Money It’s not just small change. ~ I hope you enjoy these tips from Huffington Post whether you use it for saving towards a home purchase or home improvement. I think these will help you, there are a couple I know I will be trying out ~ There are few … Continue reading 11 Easy Ways To Save Money

Prospective Homeowners Held Back by Financial Situation

From The MReport.com 2/9/16 Although rents continue to rise at a rapid pace, many non-homeowners are still shying away from the real estate market due to down payment and credit score troubles. Zillow's Rent Forecast found that rents will flatten in 2016, but will still be unaffordable in most markets. This presents yet another challenge for … Continue reading Prospective Homeowners Held Back by Financial Situation

MyHome mortgage assistance for first-time homebuyers

From First Tuesday 11/17/15 First-time homebuyers haven’t had much luck in recent decades. Born to disproportionately successful Baby Boomers and entering the job market in a severe economic recession, members of Generation Y (Gen Y), a significant component of the first-time buyer population, struggle with low wages and high debts. These compounding obstacles are delaying … Continue reading MyHome mortgage assistance for first-time homebuyers