BOOMERANG BUYERS ……..

Many homeowners who previously allowed a home to fall into foreclosure are ready to re-enter the housing market.  Nearly 80% of consumers who lost their homes during the financial crisis want to buy again.  41% will buy higher and most have higher incomes now.  Also their debt obligations are less and 30% have “significantly lower” debt.  The study from LoanSafe.org says boomerang buyers are willing to invest more into a purchase, with 50% making a down payment of 10% or more.  NOW COMMITTED TO AVOID FIRST MISTAKE!