Leigh Brown, Realtor at Re/Max Executive, joins Cheddar for our "House Rules" segment, brought to you by Chase Home Lending. She breaks down how millennials can overcome some of the unique financial situations they face.
When looking to buy a home Brown, says to consult with a mortgage pro about any debt you may have, especially student loans. She says you may find your debt isn't counting against you as much as you think. Plus, you may be able to pay less of a down payment than you realized.
In addition, Brown talks about how millennials can compete with multiple offers on a home, especially cash-only bids. She explains the benefits of non-cash offers.