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8 Common and Costly Homebuying Myths8 Common and Costly Homebuying Myths

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8 myths about home buying, debunked. Share.. Here are 8 common myths, demystified. If your offer has been accepted, the house is yours. Problems with my new house are at the previous owner’s cost Once you’ve gone unconditional, the house and any problems with it are pretty much yours..

Add to that the constant stream of TV shows, news segments, and social media posts that over-simplify the home buying process for easy entertainment. With so much information to sift through, it can be tough to distinguish fact from fiction. That’s why we’re revealing the truth behind some of the most common home buyer myths and misconceptions.

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Busted! 8 Common Myths to Inform home buyers. busted! 8 common myths to Inform Home Buyers. The down payment is your only up-front cost.. When you help bust these common home buying myths for your clients, you’re helping them make informed decisions about one of biggest investments they.

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Debunk some common home buying myths before you make a home purchase with the help of Primary Residential Mortgage.. Common Myths about Homebuying; Myth 1: It’s impossible to buy a house today with less than perfect credit.. Your priorities must also include closing costs, a maintenance.

It’s always a possibility that you could be receiving bad, but well-intentioned, advice without even knowing it. So I’m here to bust the most common home buying myths so you can be rest assured you’re on the right path. Because as a Realtor, this is what we do. =) Myth #1: The First Step is Looking for a House

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Let’s explore some of the more common myths. 1. Now is Not a Good Time to Buy. Real estate has appreciated a lot recently. Many home buyers believe that they should wait until prices come down to buy homes. Don’t. You cannot time the real estate market. We can pinpoint the peaks and valleys of the market about 8 or 9 months after they happen.

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