Wealthy buyers now are taking time to browse multiple options and negotiate before committing to a purchase — if they make one at all.
Not exact matches
Now that
wealthy second home
buyers are returning to the southern tip of Long Island, they have noticeably different criteria than their predecessors of 10 or even five years ago.
The FHA, once a niche player focused on low - income housing,
now backs about a third of new mortgages including super-sized ones for
wealthy home
buyers.
They were really approaching purchasing with practical decision - making, but we're
now at a unique moment in time when affluence is flipping from the
wealthy boomers to the
wealthy younger
buyers who grew up in affluent households.»
Sell the property to a trusted friend or
wealthy relative and then become a tenant and pay the
buyer rent at market rates — a much more attractive amount than Treasury bonds are paying
now.