Recent data from Fannie Mae shows a large majority of current renters intend to someday buy a house. In fact, just 18 percent of surveyed renters said they plan to remain renters forever.
So what are some of the obstacles renters face when thinking about whether or not they should begin taking steps toward homeownership? Well, the upfront costs of buying a home were the top answer, with 45 percent of respondents citing coming up with money for a down payment and closing costs as the obstacle that keeps them from buying. However, an almost equal amount said they were most concerned about their credit. Other answers included insufficient income, too much debt, confusion about the buying process, and job security. In short, current renters want to buy but are worried they aren't financially secure enough to become homeowners.
And, though that is a legitimate concern, Fannie Mae also points out that their previous research has shown many potential home buyers overestimate the size of the down payment they'll need and are unaware of many of the programs available to help first-time home buyers reach their goal of becoming homeowners.
Author:Tim Stoll Phone: 214-868-2959 Dated: October 12th 2017 Views: 431 About Tim: It’s hard to find another real estate agent in Dallas who is as hard working, honest, experienced ...
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JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
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"In March 2013 my wife and I were looking at homes for sale in the North Dallas Area. At that time we did not have a Realtor because we were new to the area and were not sure if we wanted to buy an existing home or build new. We had been looking at houses for the previous year and could not find one that suited our needs. One evening while looking in the Little Elm area, we came across a property that we liked. The property was listed with Desha Byars. We called her to set up a showing but unfortunately the property was already under contract. However, she was very helpful and courteous and asked if we were already being represented by a Realtor. After discussing our options we decided to use Desha as our Realtor, which happened to be one of the best decisions we have made during our home buying experience.
Desha was on vacation when we first contacted her and it was not long after that we found another home we were interested in. Although still out of town, she did not hesitate to set up a showing and arrange to have a fellow Realtor accompany us. We fell in love with the house and wanted to put in an offer immediately. Having not officially met in person, only through several lengthy phone calls, we felt completely confident in Desha’s abilities. We asked her to submit an offer for our house, all from comforts of her hotel room, and she happily obliged. Desha continued to work tirelessly during the negotiation process and kept us updated and well informed. We closed on the house mid- April 2013 and are thoroughly enjoying our new home.
In our opinion, Desha went above and beyond the duties of her job and showed us that we were not just another client. We highly recommend her to anyone looking for a highly efficient, personable, and reliable Realtor.