No Money Down

No savings to buy a house, despite a good job and a two-year history of employment?

 Do you have a credit score of 620 or better? (not sure, you can check for free on creditkarma.com)

If you do, why rent when you can own your own home today? Are you tired of wasting money on rent while they continue to increase the amounts all the time? If so, contact me to today to find out about some great programs designed to get you into homeownership!

You may qualify to buy with little to ZERO out of pocket expenses! These are great little or no-money down, homebuyer programs at low interest rates available, so contact me today to get started!

This Lake Walker home is just a sample of what is available on the market today that you may qualify to buy. A qualifying owner-occupant could have bought this lakefront property for no-money down. Find out more.

Send me a private message at HomeLandInvestment@gmail.com or call my recorded hotline at 888-621-4999 any time.

Happy Investing 

Home Ownership Trends

What is happening to the American dream of home ownership? Home ownership hit a low of 63.7% in the first quarter of 2015, down from its high of 69.2% home ownership in 2004.

This decline represents 6million U.S. households that have transitioned to rental housing.

Some of the reasons may have to do with tougher mortgage underwriting standards in the form of higher down payments and credit score requirements. Certainly, many people are still skittish following the great recession in the housing market in 2007-8.

Traditional home ownership rates between 1965 - 1995 were between 63-65% of the population, so this latest dip may represent a return to more "normal" rates of home ownership. Yet there are some disturbing factors affecting this.

Millennials, who are forming households now, are facing their own issues of debt, with student debt now at a record $1.2 TRILLION.

And as the income gap grows, the level of home ownership is much lower for people of color. Renting will be the only option for many minority families for the foreseeable future.

Investors will want to consider rental properties as a good income source for the coming years.

Happy investing!