by Brent Knapp | Buying Myths, Down Payments, For Buyers
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good...
by Brent Knapp | Buyer, Buying Myths, Down Payments, First Time Home Buyers, For Buyers
Many would-be homebuyers believe they need to put 20% down on a home purchase. Actually, the Realtors Confidence Index from the National Association of Realtors says that 61% of first-time buyers put less than 6% down in 2017. In fact, in March, 71% of first-time...
by Brent Knapp | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers
According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017. Many potential homebuyers believe that a 20% down payment is...
by Brent Knapp | Buyer, Credit, Down Payments, First Time Home Buyers, For Buyers
Lately, the number of buyers searching for a dream homes often outnumbers the number of homes actually for sale. This creates a competitive market where buyers need to stand out from one another. The best way to show you are serious is to get Pre-Approved for a...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Infographics
Some Highlights: Realtor.com shared their “5 Habits to Start Now If You Hope to Buy a Home.” Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking a lot about it. Living within a budget will not...
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