Nicole has had a lot of conversations with first-time home buyers making assumptions that aren't correct. So that's what we're talking about today. She is busting eight home-buying myths. Nicole goes through the myth, misplaced logic, and the truth about home buying. There are a couple of them that may really surprise you about being debt-free before you buy, and shopping for the lowest rate to determine your lender. Listen to this episode of The Double Comma Club, "Eight Home Buying Myths."
1. You must put 20% down to buy a home.
2. It's cheaper to rent than to buy.
3. It's cheaper to buy a fixer-upper.
4. You need to be debt-free to purchase a home.
5. All lenders are the same.
6. You should go with the lowest rate.
7. Spring is the best time to buy.
8. Find the home before applying for the loan.
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Discussing the Current Real Estate Market Landscape
Focus On the Payment, Our Economy Works In Cycles
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Using Current Market Volatility To Your Advantage
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How Does the Global Market Movement Influence the US Real Estate Market?
Can the Recession Just Get Here?
Four Reasons Real Estate Just Picked Up Again
What Are Your Responsibilities as a Co-Signer on a Mortgage?
Conforming Home Loan Limit Increasing to $715,000
DMAR Sept 2022 Homeowners Have the Upperhand
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