2 Myths Holding Back Home Buyers

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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2 Myths Holding Back Home Buyers.. “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. Thirty-nine percent of renters believe that more than 20% is needed for a down payment and many renters.

Myth No. 2:Lenders have free rein in sharing your personal credit information. Fact: Not so. For a lender to share your information with an affiliate (any entity that is involved in making, holding ..

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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.

Your friends and family aren’t trying to steer you wrong when they give you selling advice, but they may be perpetuating myths about. You’ll need to hold open houses on weekends and be available to.

Lenders are coming up with safe ways to get buyers a home even if they don't have a.. 2 myths Holding Back Home Buyers On Nov 05, 2018.

So you put off applying, or you close the door on ever buying a home. Many Americans say they want to be homeowners, according to Wells Fargo’s “How America Views Homeownership” survey. But many.

 · 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.

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