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It's Not Always Marriage Before Mortgage

Thursday, November 10, 2016   /   by Chelsea Curtright

It's Not Always Marriage Before Mortgage

It’s Not Always Marriage Before Mortgage

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still, others might think their current income would never enable them to qualify for a mortgage.

We want to share what the typical first-time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting statistics on the first-time buyer:

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Unmarried couples jumped up to the third spot, right after their married counterparts and single women. Many couples are buying a home before spending what would be a down payment on a wedding.

Bottom Line

You may not be much different than many people who have already purchased their first home. Call Austin and Lynn at 602-799-7099 and let's get together to determine if your dream home is within your grasp.