8 Common and Costly Homebuying Myths

Five Costly Homebuying Myths. We defined five of the most common real estate myths that can mislead you and your family. Myth 1: you have to seek help of a real estate agent. Buying or selling a house is not an easy thing to do. It requires a lot of time, knowledge and determination.

5 Home-Buying Myths-Busted. Don’t let what you think you know derail your dreams. Read on to distinguish fact from fiction.. car loans, credit card bills, housing costs and more) by the amount of your monthly income. The lower the number, the better your chances of qualifying for a mortgage.

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Debunk some common home buying myths before you make a home purchase with the help of Primary Residential Mortgage.. Common Myths about Homebuying; Myth 1: It’s impossible to buy a house today with less than perfect credit.. Your priorities must also include closing costs, a maintenance.

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Home Buying Myth #3 – The only upfront cost is a down payment. This is one of the most dangerous of all the home buying myths. The costs of purchasing a home should be covered by both your agent and your mortgage lender, but sometimes the hidden fees get glossed over.

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Check out these 8 additional costs as you prepare your home-buying budget. 5. myth: The seller will pay for pretty much everything at closing, except your down payment. In some instances, sellers may pay some of your closing costs 1, due to state requirements or to sweeten the deal. Often, though, buyers and sellers split the costs. Your seller.

6 Home Buying Myths You Shouldn’t Believe. Rebecca Lake Mar 01, 2018.. we’ve got a breakdown of some of the most common home buying myths you’ll want to avoid.. so you have to be sure that you can afford the added cost.

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9 Home-Buying Myths You Need to stop believing immediately. So we’re here to bust the most common misconceptions about home buying so you can do this thing the right way.. and other costs.

I hope this video gives you a general idea for the most frequently asked real estate questions and common myths that I run into most often, and helps you with your home buying process.