8 Common and Costly Homebuying Myths

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In South Carolina, the buyer’s agent fees are typically paid by the seller, so you can likely work with a full-time real estate agent at no additional cost to you. Before you get started on your search, check your facts on these common homebuying myths. myth #1: Renting is cheaper than buying a home.

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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

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.

I hope this video gives you a general idea for the most frequently asked real estate questions and common myths that I run into most often, and helps you with your home buying process.

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Unfortunately, if you rely on myths to make. opportunity cost. Don’t give up the chance to get more value from your money just because you’ve heard how great it is to be debt-free. As you can see,

When it comes to purchasing a home, many people have common misconceptions about their mortgage options, up-front costs, home inspections, negotiating needs and more. We’ll help you bust the myths for buyers and open their eyes to the facts about homeownership to streamline the purchasing process.

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5 Home-Buying Myths-Busted. Don’t let what you think you know derail your dreams. Read on to distinguish fact from fiction.. car loans, credit card bills, housing costs and more) by the amount of your monthly income. The lower the number, the better your chances of qualifying for a mortgage.

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