The answers may rest in a home buying survey completed by mortgage marketer HSH.com. The nationwide survey asked home buyers to share any obstacles they experienced during the process.
About 80% of respondents reported having at least one of the following barriers:
- Insufficient credit score
- Insufficient down payment
- Inability to obtain financing at desired rate and terms
- High home prices
- High property taxes
- Mortgage loan approval is still difficult for many home buyers
- Home prices and home affordability remain a concern
In fact, if we were to add more reasons to the above list, we would have to include "limited home inventory in appropriate price range" and "competition from cash buyers." About 25% of all home purchases in Maricopa County are made by cash buyers, who often rent out the property.
This isn't to say that home buying is impossible! You simply need to level the playing field by working with an Accredited Buyer Representative - like me! I can show you comparable sales to help you avoid over-spending on a home. I will also counsel you about appropriate contingencies, home inspections, local amenities, and more. Having experienced, professional home buying guidance on your side is a must.
I also have a network of trusted industry professionals, such as mortgage lenders, home inspectors and contractors. Why go it alone? Let me help! As your Accredited Buyer Representative, I will guide you throughout the home buying process. Consider me your one-stop resource for the latest home listings and community information!
I have helped Arizona home buyers for over 30 years, and I'd like to help you too! Contact me today for complete home buying help in Fountain Hills!
Nabers Property Management & Real Estate
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