{"id":4413,"date":"2019-05-06T07:50:13","date_gmt":"2019-05-06T11:50:13","guid":{"rendered":"https:\/\/dankrell.com\/blog\/?p=4413"},"modified":"2019-05-06T07:50:20","modified_gmt":"2019-05-06T11:50:20","slug":"home-buying-process-simplified","status":"publish","type":"post","link":"https:\/\/dankrell.com\/blog\/2019\/05\/06\/home-buying-process-simplified\/","title":{"rendered":"Home buying process simplified"},"content":{"rendered":"\n
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Traditional Home Buying Process <\/figcaption><\/figure><\/div>\n\n\n\n

An article by Tracey Barbour for the Alaska Business Monthly<\/em> (Younger buyers partial to homeownership, home-buyer education, online resources: akbizmag.com<\/a>; September 2017) describes the growing phenomenon of millennial homeownership<\/a>.\u00a0 Not surprisingly, many millennial home buyers are taking advantage of home buyer assistance programs.\u00a0 Because millennials grew up with the internet, you might think that they would rely less on professionals when home buying.\u00a0 But the opposite seems to be true.\u00a0 A majority of millennials prefer to connect with a single point-of-contact when applying for a mortgage (and likely when dealing with real estate agents).\u00a0 However, millennials do rely on the internet when it comes to understanding the home buying process.\u00a0 They spend copious amounts of time doing their own research on the home buying process.<\/p>\n\n\n\n

It\u2019s not just millennials, but most home buyers are\ntaking advantage of online and digital resources to learn about the home buying\nprocess.  Maybe it\u2019s because we live in\nan era of information overload that home buyers are more aware of the many\nfactors that need to be considered before buying a home.  Regardless, the abundance of \u201chome buying\nprocess\u201d resources are helping home buyers decide if they are suited to buy a\nhome, assisting with financial planning of buying a home, finding down payment\nassistance, mortgage application information, and so much more.  <\/p>\n\n\n\n

It used to be that if you were a first-time home\nbuyer, you relied heavily on your real estate agent for the education of the\nhome buying process.  You placed a great\ndeal of trust on their guidance.  The\nhome buying process was envisioned as a step-by-step formula to purchasing a\nhouse.  The purpose of explaining the home\nbuying as a process was to reduce the major aspects of home buying into\ndistinct parts and make it seem simple and trouble-free. <\/p>\n\n\n\n

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