2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers. June 17, 2019; 1 comment ; Calvin Wright;. "For some, First Time home buyers, putting something aside for an initial down-payment is the biggest obstruction to accomplishing the objective of home ownership. A portion of those who wanted to buy a home were.

 · Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership.

Find out the two major myths that are hold a lot of first-time home buyers back. Don’t let limiting beliefs stop you from achieving your dreams.

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2 Major Myths Holding Back Home Buyers See 7 open house myths you should never believe. Lots of real. scheduled showings bring qualified buyers to your home. Open houses bring.

2 Myths Holding Back Home Buyers. Presented as a public service by Joe Peters of Coldwell Banker. 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.

To get started, you just have to go to your online broker and purchase a REIT like. longer you hold on to the property, the more you lose in mortgage payments.. Real estate investing myth #2: “I'm throwing away my money if I keep renting!”.

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Financial expert Mark Lamkin from Lamkin Wealth Management explains some urban myths people hold on to about finances. educating yourself and your children, buying a home and saving for retirement.

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Briden said Topeka had a 1.7-month supply of homes, in all price ranges, in July – down from a 2.1-month supply in June.

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