Home Buying Myths Reviewed

1st Rate Green Bay

http://homes.yahoo.com/news/top-5-myths-about-home-buying-today-002212209.html

I know a lot of people peruse the home page of Yahoo! for current events and daily news. There was a recent article that caught my eye as it pertains to the mortgage and house industry.

The article addresses common myths associated with buying real estate and how to best finance your new purchase: down payment, credit qualifications, and whether or not to hire a realtor. These topics are popular discussions I encounter every day with our clients. I would like to explore these with you and share experiences that may help guide you when you engage in buying a home.

MYTH: Tighter Credit and Down Payment Requirements – I believe there is a misconception about credit and down payment requirements but it goes both ways. Some people who could qualify do not deem their credit score or down payment to be sufficient and shy away from attempting to…

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