If you tired of renting and want to finally buy a home, these may be your best options

Statistics show that 25% of Millennials will be renting indefinitely, and only 40% of Millennials are current homeowners, compared to 65% of Gen X, 77% of Baby Boomers, and 80% of the Silent Generation.

While there are definite pros to renting a property, homeownership can give people a sense of security, the ability to put down roots, and grow generational wealth.

The first thing anyone looking to purchase a home should do is to get pre-qualified so that potential buyers have an idea of what they can realistically afford.

There are currently several government programs available for first-time homebuyers, often with limitations like income limits and location-based eligibility.

Read at 24/7 Wall St.