2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers By Tim. 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. Give us a call at (571) 275-0871 to go over your options today!.

Down payments and FICO scores should not be holding you back from owning a home. You may be closer to owning your dream home than you think. Down payments and FICO scores should not be holding you back from owning a home.. 2 Myths Holding Back Home Buyers. Posted by GoGSF | July 19, 2017.

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Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership.

2 Myths Holding Back Home Buyers. Jun 10, 2019 "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.".

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2 Myths Holding Back Buyers As a personal finance writer, there are two common retirement myths I hear or read a lot. But when you think about the things you spend money on while holding down a job, you’ll realize that your.

Seven myths-or, perhaps more accurately, misperceptions-that are holding back fleet. many fleet owners are hanging back from adopting EOBRs ahead of the mandate, Kraft revealed the seven myths he.

 · 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.

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But there are also many myths and misconceptions surrounding the process that can hold potential home buyers back from exploring their options. mortgages with a down payment as little as zero. 2.