The recent recession caused a number of Americans to rethink whether buying homes for sale in Menifee, CA and elsewhere is really a good thing. And yet, there are still plenty who prefer owning a home than renting one—a 2013 survey commissioned by the MacArthur Foundation revealed that more than 7 in 10 renters look to own a home someday. With wage rates staying stagnant, opting for a standard mortgage still isn’t for everyone, however.
Fortunately, there are a few alternative ways for people to finance a home acquisition, aside from a conventional mortgage. Read on for more information on them.