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Many First Time Home Buyers Believe They Can Not Buy

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Real Estate Agent with Berkshire Hathaway HomeServices Anderson Properties TX Real Est. 567774

 

Many First Time Home Buyers  Believe They Can Not Buy


If you are interested in buying your first home in Katy or the sourrounding area, but feel as though it is unobtainable, you are not alone with having this feeling. Many millennials and other folks want to buy a home, but feel as though they can’t for various reasons. As both a Professional Realtor and  Accredited Buyer’s Representative (ABR®), I am here to help you change that mindset, and find you a home that’s in your budget plus find a home which will make you happy.


I have included below a  link to interesting article concerning this subject. Please take the time to read it and let's talk about your situation.


Please let me know if you have any questions and contact me at 281-904-6772 or bobgilbert2003@msn.com!


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Realtors Study: Millennials Say Homeownership Still Out Of Reach by Patrick deHahn. © Copyright 2015 ASAE. All rights reserved.




Many First Time Home Buyers  Believe They Can Not Buy

 

Posted by

© 2016 Bob Gilbert Real Estate

 

Accredited Luxury Home Specialist

 

Note: Katy TX is about 25 -30 miles due West of downtown Houston TX.

 

If you have any questions about Katy Homes for Sale or Katy Homes for Rent in the Katy Texas and/or Sugar Land TX, and/or Cypress TX and/or other surrounding areas, contact me via my cell: 281-904-6772 or via Email:

 

 

 bobgilbert2003@msn.com or bob@bobgilbert.com

or visit me on my web site at

 

http://www.katyhomefinder.com

or visit me on Google plus

and FaceBook at https://www.facebook.com/bobgilberttx

 

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© 2007- 2016 Bob Gilbert 

 

 

 

 

 

 

 

 

 

 

 

  

       

                      

 

 

 

 

 

 

 



Comments(15)

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Susan Jacobsen
The Alliance Group Realty - Hilton Head Island, SC
20 Years Providing WOW Real Estate Service

Well phooey - I was kind of hoping that you'd have some background telling why this isn't true but I guess I understand that this is a good call to action for people to call you :-) 

Meanwhile, I totally agree with you and sometimes it's hard to change the mindset - our first time homebuyers get nervous about everything and often don't have professionals - like you and me - or lenders that aren't intimidating to turn to.

Dec 30, 2015 04:33 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Susan Jacobsen - I personally believe these folks have the idea they can not afford the payments and or the down payment to buy a home. Many younger potential buyers have large school loans to payoff plus car loans. In addition, a large number want the flexibility to move to another area or state and not be concerned with selling a home. 

Dec 30, 2015 04:37 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bob,

Good post, and I hope lots of people call you.    Happy New Year to both of you wonderful people.  A

Dec 30, 2015 05:07 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Ron and Alexandra Seigel - Thank you and Happy New Year to you folks.. We appreciate very much your friendship..

Dec 30, 2015 05:08 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Bob this is a great blog that will really help people who may think they can't afford to purchase a home.

Dec 30, 2015 05:42 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Here we get a lot of this and most of them actually can afford to buy a home. There are a few who just can not and I feel so sorry for them.

Dec 30, 2015 08:13 AM
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I know a few millenials, but I've not seen this with them.  Of course, they have good jobs, got a full ride academic scholarship to a top schools and are not the typical "I want a free everything because I'm entitled to it" person you see "occupying" college.  They also have "STEM" degrees that are in demand, NOT liberal arts.

Dec 30, 2015 08:30 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

So many first time home buyers are millennials.  Sadly, a percentage of them are saddled with student debt.  What I have noticed the last couple of years, is there is a shrunken inventory, and a market that has a high population of cash buyers. Investors have been out in force.

I have found that first time buyers often have better luck purchasing a new home.  The advantage is there doesn't seem to be as much investor activity there.  Also, a new home usually comes with a warranty, so you don't need to worry about major systems in the home, or the roof going bad for a few years.

Dec 30, 2015 10:14 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Bob. I have run across so many buyers like this. I talk with them and send them to a lender that is so great. A lot of them have been surprised at what they can actually do and several have only had to do minor things to fix their credit. I've sold a lot of houses by talking with people that don't think they can buy a home. 

Dec 30, 2015 11:54 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bob

It's in the best interest of a first time home-buyer to work with a real estate professional.

Good luck and success.

Lou Ludwig

Dec 30, 2015 11:59 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Bob.  The best thing first time (or even repeat) buyers can do, is to call a professional to understand their options.

Dec 30, 2015 08:42 PM
Roy Kelley
Retired - Gaithersburg, MD

Many prospective home buyers need to be educated on the process. Home ownership continues to be the path to family wealth.

Dec 30, 2015 09:40 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Bob, I hear the same thing, and then they call a lender and find out differently!   If they are paying high rents, a mortgage could very well be a better decision.

Dec 30, 2015 10:14 PM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Thank you all for stopping by and leaving excellent comments. I think many of these folks could buy a home but just are afarid of the whole process and responsibility in addition to the financial issues such as high debt. 

Dec 31, 2015 05:16 AM
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Bob, a prospective buyer contacting a real estate professional and lender makes all the difference in the world!  Knowledge is power!

Jan 03, 2016 10:57 PM
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