2 Myths Holding Back Home Buyers
“Despite healthy demand, inadequate supply levels continue to hold back some would-be buyers.” In a positive sign for the.
For many prospective home buyers, saving for a large down payment is the biggest barrier to achieve the goal of home ownership. Part of the.
2 Myths Holding Back Home Buyers! By The kcm crew freddie mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their
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Make your house easily accessible to potential buyers. If there's nowhere to. You're not just buying a house, you're buying a piece of that real estate and the land around it. 4. Losing money.. It more often means the seller is stubbornly holding on to their price. Buyer myth #2: the sellers today are desperate. Most aren't.
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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.
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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,