After years of disciplined saving and finally earning a mortgage-ready income, every bid on a property is surpassed by couples or institutional buyers. What recourse do single buyers really have?
i get that sticking it out is brutal. maybe look into some niche bank programs or gov incentive schemes - rough though they may be. even a small step may help break in, despite feeling like the system’s built for others
It seems that many in a similar situation often need to start thinking outside the conventional avenues. My own rough experiments included an extensive search for regional government assistance programs and also approaching local credit unions that offer tailored mortgage solutions. I found that even if the system isn’t geared for single buyers, there are sometimes overlooked options, albeit with additional bureaucracy or requirements. Patience and persistence remain key; accumulating small wins over time can eventually open a pathway even in this challenging market climate.
Fascinating issue! I wonder if exploring alternatives like shared ownership or co-investment models might offer a rough workaround. Has anyone had luck with these options or discovered other creative solutions?