Sandy Slaughter

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Tips For First Time Home Buyers

4/9/2019
If you’re thinking about buying a home, you’ve probably received your share of advice from family and friends. Add to that the constant stream of TV shows, news segments, and social media posts that over-simplify the home buying process for easy entertainment.
 
With so much information to sift through, it can be tough to distinguish fact from fiction. That’s why we’re revealing the truth behind some of the most common home buyer myths and misconceptions.
 
Buying a home is a big decision, but it doesn’t have to be a scary one. If you arm yourself with knowledge and a qualified team of support professionals, you’ll be well equipped to make the right choices for your family and financial future.
Call us today to schedule a free, no-obligation consultation

DON’T FALL FOR THESE COMMON HOME BUYER MYTHS

 Myth #1: You need a 20% down payment. 

Myth #2: Real estate agents are expensive. 

Myth #3: Don’t call a real estate agent until you're ready to buy.

Myth #4: Fixer-uppers are more budget friendly.

Myth #5: Your only upfront cost is your down payment.

Myth #6: You need a high credit score to buy a house

Myth #7: You can't qualify for a mortgage if you're still paying off student loans.

Myth #8: You should base your budget on what your lender approves.

Myth #9: It's all about location.

Myth #10: If you look hard enough, you'll find a home that checks every box on your wishlist.

Whether you’re a first-time buyer or a seasoned homeowner, there’s no reason to go through the home buying process without an advocate on your side. We’re here to answer your questions and do the hard work for you, so you can spend your time dreaming about your new home. Call us today to schedule a free, no-obligation consultation.

Sources:

  1. com -

https://www.realtor.com/advice/finance/realtor-fees-closing-costs/

  1. The Balance -
    https://www.thebalance.com/buyer-s-closing-costs-1798422
  2. StudentLoanHero -

https://studentloanhero.com/featured/student-loans-buying-house/

  1. Zillow -

https://www.zillow.com/mortgage-learning/pre-qualification-vs-pre-approval/

 

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