Renters Will Eventually Become Buyers!

Have you ever met someone who has been renting for all his/her life? Maybe; however statistics show that people renting want to buy. Moreover the number one reason why renters decide not to buy is the lack of savings for a down-payment (see chart)

With interest rates at historical lows (which will eventually change) and plenty of down-payment assistance money to go around, there is an untapped market out there for those who want it! A great way to help renters bridge over to home-ownership is by providing valuable information about the entire buying process, including down-payment assistance. To find find sources for down-payment assistance read this article courtesy of the Florida Association of Realtors. Also, you can use last week's tutorial to find renters in a building or geographical area. If you missed it, click here.

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