Real Cost For First Time Buyers [Infographic]
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I am the author of this blog and also a top-producing Loan Officer and CEO of InstaMortgage Inc, the fastest-growing mortgage company in America. All the advice is based on my experience of helping thousands of homebuyers and homeowners. We are a mortgage company and will help you with all your mortgage needs. Unlike lead generation websites, we do not sell your information to multiple lenders or third-party companies.
Let’s be honest: the recession that hit the U.S economy only a few years ago hit us all pretty hard. This truth is especially evident for the generation of young adults who recently graduated from colleges across the country-many of whom left their schools with unimaginable amounts of debt and few jobs available to them to take advantage of.
As a result of the recession, the U.S. has seen a significant increase in the amount of young adults moving back home to live with their parents after graduation. But despite these facts, very real solutions exist that can help those individuals looking for a way to move out of their parents basement and into their first homes.
In the following info-graphic, we’ll provide information on the generation that has decided-by choice or not-to move back into their parent’s homes. We’ll also shed light on the barriers that exist that are preventing young adults from purchasing and moving into their first homes. Finally, we’ll provide recommendations on what an individual needs to do in order to get a few steps closer to owning their first home.
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