These are the 3 biggest home-buying myths.
1. You need the perfect credit score – There are a ton of programs for buyers with average or even less than average credit.
2. You need 20% down – This was the rule back in the old days but today, most first-time buyers put 3 to 5% down on their first property.
3. Don’t buy a home that’s too expensive – Even in pricey markets, you can start small and look in more affordable areas.
It’s more about just getting in the game because owning real estate is one of the best ways to build wealth.
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