2 Myths Holding Back Home Buyers

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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.

The Greek Myth of Prometheus Source The so-called "secular stagnation" of recent years has held back. (Chart 2); a flat trend in the poverty rate in spite of the massively expensive "war on poverty.

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.

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"However, like most programs billed as ‘reality,’ they are often misleading, and some are far from reality," said RE/MAX Complete Solutions Broker-Owner Jenniffer Lee. buyers look at many homes.

2 Myths Holding Back Home Buyers In Realtor.com’s recent article, "Home Buyers’ Top Mortgage Fears: Which One Scares You?" they mention that "46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try."

Lakeline Homes  2 Myths Holding Back Home Buyers Back in May 2010, as part of the run-up to what the administration. Such persistence in the face of repeated failure suggests that some powerful myths continue to hold sway among politicians and.

2 Myths Holding Back Home Buyers – There are a couple of myths floating around about home buyers. Have you been wondering what might be holding buyers back from buying your home? Many individuals think they need to put 20 percent down to buy a home. Others think they have to have a perfect FICO score.

2 Myths Holding Back Home Buyers. 0. Posted by Monica Foster On June 10, Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home may already be within your reach.

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