Discover Home Loans conducted an interesting survey that revealed how prepared homebuyers are for the actual mortgage process.The survey reported that 94% of prospective buyers believe they are making a good investment decision if they buy a home. The survey also explained that 66% of buyers reach out to real estate agents to help determine whether buying a certain home would be a good investment.However, there is less certainty regarding the mortgage process.
Most buyers overwhelmed
The majority of potential buyers are actually overwhelmed with the plethora of information available about the home financing process. Here are some interesting highlights from the report:
Nearly 66% feel overwhelmed with the amount of information available
76% of those under the age of 30 feel overwhelmed
76% of first time buyers feel the same way
54% of those buyers who have previously owned also were overwhelmed
59% of buyers turn to mortgage bankers to help evaluate mortgage terms and comparing offers
49% of buyers turn to real estate agents to help evaluate mortgage terms and comparing offers
There is help available…use it!
Purchasing a home can put great pressure on a family. Reach out for assistance for more information on purchasing your Chula Vista home Click here for all the results
Author:Heidi Jessup Phone: 847-814-7856 Dated: October 18th 2014 Views: 619 About Heidi: ...
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There are some people who have not purchased homes because they are un
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