You may have heard about renting to own a home or leasing with an option to buy. Who is a good candidate for this path to homeownership? You may want to consider this option if
Stockton Home Ownership An Inherited Trait
Have you been thinking about buying a Stockton home? Has the thought of giving away another month's rent been eating at you every month?
Home ownership is a very personal decision. And only your significant and you other can make that decision. And even though it is a personal decision. It could also be an inherited trait. Or a learned response.
A recent study has shown that 14.4% of millennials born to renters are homeowners. While 31.7% of millennials born to homeowners are homeowners. Now while this study didn't take into account age, income, or education. You have to agree that is a significant difference.
Remember, a while back we discussed David Bach's book The Automatic Millionaire. And how he had said that homeownership was the escalator to wealth in the United States?
The study also shows that as parents income level increases, so does the likelihood of their children becoming homeowners. And as David Bach pointed out homeowners are 44 times wealthier than renters.
Look at the chart below,
Are you ready to break the cycle? If you would like to find out whether homeownership is possible for you. Give us a call at 209-762-3552 and schedule your appointment today.
You can also download your FREE copy of our Home Buyers Guide by CLICKING HERE
Are you looking for an agent who will listen to everything you have to say, from your very first contact with him, all the way until the day he hands over the keys to your new home or closes the deal ....