Top 9 Home Buying Myths
Buying a home is an exciting time – especially if you are a first time home buyer. In today’s environment with so much housing information available online and popularized through HDTV shows, many things are easier for you as a consumer, however, you can easily find yourself in “information overload”. We are summarizing some common myths about home buying and providing further information to help you become better educated.
Myth #1 : Renting is always cheaper.
Myth #2 : The first step is looking for a house.
Myth #3 : Your down payment must be 20%.
Myth #4 : Your only up-front cost is your down payment.
Myth #5 : You can’t buy a home with bad credit.
Myth #6 : Schools don’t matter if you don’t have kids.
Myth #7 : You don’t need a real estate agent.
Myth #8 : Always Choose the Lowest Interest Rate.
Myth #9 : You don’t need a home inspection.
Congratulations! You have made it to the bottom of the list. You are now in a much better position to begin the process by asking better questions and setting realistic expectations for yourself. Our team of agents and lenders would be thrilled to further assist you. You can start by submitting the form below!
Additional Home Buyer Resources