Dec 14, 2019
4:06:17pm
4:06:17pm
It is possible on the low end homes like you mentioned. And if you can afford home in the range it won't take long
to save for a down payment. This is a tool to profit on kids who want to buy more than they can afford. They literally can't afford it but want it any way. So a company comes in charges a high fee like a high interest rate to save them.
And if it is for people who can't save enough, your example doesn't work. How can someone who can't save enough all of sudden have enough in 2 years to buy the home?
Once again, I don't see this as useful tool for the vast majority of people. If invested in this, I would get out fast because it won't last long IMO.
And if it is for people who can't save enough, your example doesn't work. How can someone who can't save enough all of sudden have enough in 2 years to buy the home?
Once again, I don't see this as useful tool for the vast majority of people. If invested in this, I would get out fast because it won't last long IMO.
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- jarocho
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12/14/19 12:40pm
12/14/19 12:42pm
12/14/19 1:00pm
12/14/19 2:24pm
It is a very small market. Not much room for growth. It is only valuable to people with new high income but
12/14/19 2:46pm
12/14/19 2:54pm
I am saying most young professionals don't have enough money to pay the large cost of the fees you listed.
12/14/19 2:55pm
12/14/19 3:08pm
12/14/19 3:16pm
12/14/19 3:57pm
It is possible on the low end homes like you mentioned. And if you can afford home in the range it won't take long
12/14/19 4:06pm
12/14/19 11:43pm