The Demand Institute, a research firm, released a study about millennials and home buying. It found: 75% believe home ownership is an important long-term goal 73% believe home ownership is an excellent investment 60% plan to buy a home in the future 44% think it would be difficult to qualify for a home mortgage. One of the Read more about Lease-to-Own: A Financing Option First-Time Homebuyers Love[…]
I hear the above phrase all the time with clients in Virginia Beach, Norfolk and Chesapeake. Owning a home is a important financial responsibility, and the decision should not be taken lightly. Before you buy, you must consider: – How long do you plan to stay in the area? – Do you have enough money Read more about Mortgage vs Rental Payments[…]
Attention first-time homebuyers in Virginia Beach, Norfolk and Chesapeake residents! Lenders want to see a two-year work history at the same company and with a consistent schedule. If a person changes companies but stays in the same industry, there should be no problem. Further, if the person continues to advance in income or benefits within Read more about How Does Employment History Impact My Mortgage?[…]
Do you need a loan or mortgage in Virginia Beach, Norfolk or Chesapeake? A first-time homebuyer who want to learn more about how to get a mortgage? Check out the infographic below!
At long last, we’ve reached the end of the 15-point list! I hope all the points give you deeper insight into the mind of a millennial homebuyer. They are young, sure, but smart enough to do their research and serious enough to do what it takes to buy a home. In short, millennials want real estate professionals who are reliable, transparent Read more about First-Time Homebuyers are Young, Smart and Serious about Home Buying[…]