Have a great weekend.
CEO & SR Credit & Mortgage Consultant of
Ex-Mortgage Broker of more than 10 years
You'd be surprised that many people live in NYC (and other expensive large cities) and will never own a home due to the cost...........................it's a big country out there - not everyone has the same needs or wants.
Pick a reason - there are many of them.
2) Not enough time to find a home
3) What they want and can afford are very different (not willing to take steps)
4) Credit issues
5) Down payment and don't qualify for a low down loan (FHA, VA)
There are more - but these are the most common I hear.
Kindred Real Estate
CA DRE # 01402946
Ali, Community manager