2 Myths Holding Back Home Buyers. Presented as a public service by Joe Peters of Coldwell Banker. Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.
2 Myths Holding Back Home Buyers. Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part.
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2 Myths Holding Back Home Buyers 2 Myths Holding Back Home Buyers 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."
· 2 Myths Holding Back Home Buyers by The KCM Crew on June 26, 2017 in Buying Myths, Down Payments, First time home buyers, For Buyers, Move-Up Buyers. Are you a Bridge Builder? If so, log in to share a personalized version of this post. In Realtor.com’s recent article, “Home Buyers’ Top Mortgage Fears:.
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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,
.Based on our recent survey of individuals planning to purchase a home in the next three years, nearly a third think they need to put more than 20% down.” 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:
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Weak housing and manufacturing are holding back. buyers," said Matthew Speakman, an economist at Zillow. Economists polled.
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2 Myths Holding Back Home Buyers.. 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. Post a Comment.