1 They listen to their relatives (most likely who are renting also) They are not aware if they do not have enough money for down payment there are programs that can help them.
2 They listen to their friends (also most likely who are renting) They are not aware there are also programs than can help increase their credit score much faster with help, in order to own sooner.
3 They are afraid of the unknown. That is ok everyone is somewhat afraid of the unknown. More people die from automobile accidents, cancer, heart trouble, over dose of drugs than from buying a home and being afraid of the unknown.
4 They are saving up money for down payment and losing costs, and the cost of living and the appreciation of a home is usually going up faster than the amount of money they can save. Just think maybe calling and talking with an experienced real estate agent or loan officer to see the rest of the story.
This way you could save hundreds even thousands of dollars.
5 They get a care on credit, they get credit cards and go indebt for things that will not appreciate like a home will.
The biggest issue is finding the RIGHT person to sit down and talk with.
Consider the facts: over 40,000 agents in the Phoenix metro area, and somewhere around less than 10,000 have sold more than six homes in the past 12 months.
That might be the first question to ask, any real estate agent before even scheduling an appointment to meet with them.
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