Top 10 Myths About Home Buying

Amidst all the hype and hoopla regarding real estate lately, it may be time to put to rest some myths that for some reason don’t ever seem to go away? Uninformed opinions and just plain incorrect information really isn’t helpful, you need to use the best, and most accurate information you can find. There’s a lot of bad information out there, often repeated by people with the best intentions. For the full story click on the headline link below. Source: Guaranteed Rates

TOP TEN MYTHS REAL ESTATE MYTHS ABOUT HOME BUYING

• A 20% Down Payment is Necessary
• It’s cheaper to rent than own
• It’s cheaper to buy a fixer
• You need to be debt free first
• All Lenders are the same
• Spring is the best time to buy
• A 30 year fixed mortgage is the only way to go
• Always go with the lowest Interest Rate
• Once your offer is accepted, the Deal is Done

MSNBC NEWS: HOME PRICES HIT RECORD BREAKING HIGHS!