Ran across this great article posted to CNBC this morning and it caused me to stop and wonder: How willing am I, are you, to take the time to help a potential client become literate and knowledgeable in the world of home ownership and mortgage financing?
What are your expectations? Do you have minimum standards for mortgage and home ownership literacy before you will sit down with a potential client?
Makes you wonder if we should be teaching home ownership 101 along with basic economics in school because most young people do not grow up in owned houses but rentals too. How would they understand any of the benefits of home ownership? Good thing we can help them own a home when they are ready.
Absolutely agree with you Karen, financial literacy should be a high school graduation requirement in all states...either gain literacy or become enslaved to the consumer credit industry.
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