Graduating Students Without Loan Debt Newest Crop of Homeowners

by Isaac Benmergui, Esq on July 24, 2013

Profit upStudents who were able to steer clear of student loan debt are the newest crop of buyers looking to snap up South Florida real estate at low prices. Without the crushing payments for student loans eating up their new salaries, 20-somethings are looking to establish homeownership as the first milestone with their new buying power.

Unfortunately students who were not able to finance their education through other means, succumbed to having to take out students loans. Many of those students are looking to pay off that debt before taking on a mortgage or even new car payments.

Currently more than  38 million Americans make up part of the $1 trillion in student loan debt, owed to the nation’s bank and U.S. government. That’s more than people owe on car loans or credit cards.

Getting Legal Help

The law offices of Isaac Benmergui can help you with your legal real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.

 

 

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