8 Common and Costly Homebuying Myths

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To get you started, Michigan Schools & Government Credit Union (MSGCU) identifies 8 myths of. fees count too. A common tactic to get your business is for a lender to offer a lower rate for an added.

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6 Home Buying Myths You Shouldn’t Believe. Rebecca Lake Mar 01, 2018.. we’ve got a breakdown of some of the most common home buying myths you’ll want to avoid.. so you have to be sure that you can afford the added cost.

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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.

It’s important that potential home buyers avoid believing these common home buying misconceptions at all costs! What are the most common home buying misconceptions? Below you will find the top 10 home buying misconceptions. These home buying misconceptions are extremely common and it should be known that they are not the reality and not believed!

5 Costly Homebuying Myths. AJ Smith. Credit.com. December 8, 2013.. Here are five of the most common real estate myths. 1. You Have to Use a Real Estate Agent. The 25 most expensive U.S.

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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Due to this monumental shift, there are lots of misconceptions about buying a home that could cost you big when it comes time to go house hunting. Here are five of the most common real estate myths. 2.

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.