8 Common and Costly Homebuying Myths

Busted! 8 Common Myths to Inform Home buyers. busted! 8 common Myths to Inform Home Buyers. The down payment is your only up-front cost.. When you help bust these common home buying myths for your clients, you’re helping them make informed decisions about one of biggest investments they.

So we’re here to bust the most common misconceptions about home buying so you can. and other costs for inspections, credit reports, and insurance, among others. Next week we’ll get into 5 more.

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Let’s explore some of the more common myths. 1. Now is Not a Good Time to Buy. Real estate has appreciated a lot recently. Many home buyers believe that they should wait until prices come down to buy homes. Don’t. You cannot time the real estate market. We can pinpoint the peaks and valleys of the market about 8 or 9 months after they happen.

With that in mind, here are 10 of the most common credit score myths, and the reality behind each one. you can to pay expect a higher interest rate and/or additional fees, which can cost you lots.

5 Costly Homebuying Myths. AJ Smith. Credit.com. December 8, 2013.. Here are five of the most common real estate myths. 1. You Have to Use a Real Estate Agent. The 25 most expensive U.S.

Common (And Costly) Home Buying Myths, Debunked It wasn’t so long ago that buying a home was a sure-fire way to make a lot of money. But when the housing bubble burst and led to thousands of foreclosures all over the country, things changed dramatically, Yes, house prices are rising again in.

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It’s always a possibility that you could be receiving bad, but well-intentioned, advice without even knowing it. So I’m here to bust the most common home buying myths so you can be rest assured you’re on the right path. Because as a Realtor, this is what we do. =) Myth #1: The First Step is Looking for a House

Home Personal Finance Real Estate and Housing 6 common homebuying myths, Debunked. 6 Common Homebuying Myths, Debunked. including the many fees and costs that go with taking out a.

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