{"id":1637,"date":"2015-07-17T21:50:51","date_gmt":"2015-07-17T21:50:51","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1637"},"modified":"2015-07-17T21:51:10","modified_gmt":"2015-07-17T21:51:10","slug":"whats-keeping-renters-from-buying","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2015\/07\/17\/whats-keeping-renters-from-buying\/","title":{"rendered":"WHAT&#8217;S KEEPING RENTERS FROM BUYING?"},"content":{"rendered":"<p>40% thought the mortgage application and approval process were more difficult than expected.\u00a0 22% said saving for the down payment was the most difficult task in the home buying process &amp; 46% said it took them a year with 24% saying 1-2 years, then 17% 2-5 years &amp; finally 13% more than 5 years.\u00a0 33% had to repay student loans, 33% have too much credit card debt, another 33% paying on a car loan and lastly 38% paying for extra childcare, healthcare expenses, etc.\u00a0 SACRIFICES to purchase a home are:\u00a0 48% cut spending on nonessential items, 13% canceled vacations &amp; 7% got extra income through a 2nd job.\u00a0 All this according to Dr. Jim Gaines, economist the Real Estate Center at Texas A&amp;M U.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>40% thought the mortgage application and approval process were more difficult than expected.\u00a0 22% said saving for the down payment was the most difficult task in the home buying process &amp; 46% said it took them a year with 24% saying 1-2 years, then 17% 2-5 years &amp; finally 13% more than 5 years.\u00a0 33% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1637"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=1637"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1637\/revisions"}],"predecessor-version":[{"id":1638,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1637\/revisions\/1638"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1637"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}