What Comes First The Mortgage Or The Marriage

Dated: 02/20/2018

Views: 8

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time home-buyer statistics in 2017 at 57% of all buyers. Many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 16% of all first-time buyers last year. 

If you’re single, don’t worry! Single women made up 18% of first-time buyers in 2017, while single men accounted for 7% of buyers. A recent report pointed to a sense of responsibility and commitment that drives many single women to want to own their own homes rather than rent someone else’s. 

When it comes to down payment there are many programs to help with zero down loans. USDA, FHA with Down Payment Assistance, & Grants. 

What we found out is that most people are scared of the commitment. On average people live in their home for 5-7 years before selling. If you chose to stay there forever there are many ways to pay off your mortgage early. Making one extra payment a year can help big time!  So whats a bigger commitment 30 yrs or life? Take the plunge 



Want to Advertise on this Site?

Latest Blog Posts

What Comes First The Mortgage Or The Marriage

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time home-buyer statistics in 2017 at 57% of all.

Read More

BUYERS WITH LOW SCORES MAY STILL QUALIFY TO PURCHASE A HOME

 I just wanted to let you know that if you have been having trouble qualifying for financing and are currently working on your credit, there are programs that could possibly qualify you

Read More

Groundhog Day 2018 Will Punxsutawney Phil See His Shadow

As the legend goes, if Punxsutawney Phil sees his shadow, we will see six more weeks of winter and below-average temperatures. If our favorite groundhog from Pennsylvania does not see his shadow,

Read More

REMAX The Worldwide Leader

Thinking about buying or selling a home?RE/MAX: The Worldwide Leader.Nobody in the world sells more real estate than RE/MAX.#remaxvision#remaxhustle#hutto#realestate

Read More