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Busting 2 Home Buying Myths
Manage episode 183630780 series 1331864
Το περιεχόμενο παρέχεται από το Andy Richardson. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Andy Richardson ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Home buying isn’t as scary or expensive as you probably think. Here’s what we mean.
Want to buy a Wilmington Home? Search all homes for sale.
In a recent Realtor.com survey, 46% of prospective homebuyers didn’t think they would qualify for a mortgage, so they didn’t even bother applying. There are two common myths behind this way of thinking, and we’re going to bust both of them today.
1. You need 20% for a down payment. That’s not true at all. In today’s market, you can get a loan for 5%, 3%, or even 0% down. We can find a program that works for you.
2. You need a credit score of 780. This is another complete falsehood. In the same survey mentioned above, 53.2% of homebuyers had a credit score between 600 and 750. That gives you a pretty good idea right there.
You don’t need a credit score of 780.
If you have any other questions about buying a home or need any other help, feel free to give me a call or send me an email anytime. I look forward to hearing from you.
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