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2 Myths Holding Back Home Buyers

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 · 2 Myths Holding Back Home Buyers By Gabe Fitzhugh June 10, 2019 June 10, 2019 Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.”

The recent market sell-off stings, but it’s also creating some pretty tempting buying opportunities. It’s not a lack of growth that’s holding it back. Revenue rose 9% in its latest quarter, its.

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 · Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for.

2 Myths Holding Back home buyers freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research.

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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. Part of the challenge for those planning to purchase a.

 · Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for.

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Preferred Closing Specialists writes often to update you on the latest in real estate in El Paso.. 2 Myths Holding Back Home Buyers.

 · Buyers overestimate the down payment funds needed to qualify for a home loan. According to the First quarter 2017 homeownership program index (HPI) from Down Payment Resource, saving for a down payment was the barrier that kept 70% of renters from buying. Rob Chrane, CEO of Down Payment Resource had.

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