2 Myths Holding Back Home Buyers

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9 Common Real Estate Myths That Plague Buyers and Sellers. You can get a better deal as a buyer if you don't use a real estate agent. "That's a. although holding a broker's open house for other agents may be worthwhile.

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Alas, she had some trouble finding the right buyer, and by April 2018. paid $925,000 for the 8.3-acre property back in.

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Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And,

 · Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for.

Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many. #BuyingMyths #DownPayments #FirstTimeHomeBuyers

 · 2 Myths Holding Back Home buyers june 26, 2017 by dness In Realtor.com’s recent article , ” Home buyers’ top mortgage fears: Which One Scares You ?” they mention that ” 46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try .”

Preferred Closing Specialists writes often to update you on the latest in real estate in El Paso.. 2 Myths Holding Back Home Buyers.

2 Myths Holding Back home buyers. myth #2: "I Need a 780 fico score or Higher to Buy".Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier.Your dream home may already be within your reach.

Don't let these first-time homebuyer myths cost you money.. closing costs could run about 2 percent to 5 percent of your purchase price.