8 Common and Costly Homebuying Myths

Myth: Transfer fees increases the cost of homeownership. Truth. that helped push the economy to the brink. The future of home buying will be about value and about staying within one’s means.

Here are some home buying myths that can lead to big mistakes. all the mortgage interest from their taxes. 8) All you need upfront is the down payment. The down payment is just the beginning.

The book also walks home shoppers through the process of what to expect when they’ve made a decision to take the home ownership plunge, dispels common myths, and offers a. the complex process of.

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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.

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Busted! 8 Common Myths to Inform Home Buyers We’ll help you bust the myths for buyers and open their eyes to the facts about homeownership to streamline the purchasing process. 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.

It’s clear there isn’t a single answer to finding the best price for your flight, and sometimes there can even be misleading information that could cost you money. That’s why Consumer Reports.

Home Personal Finance Real Estate and Housing 6 common homebuying myths, Debunked. 6 Common Homebuying Myths, Debunked. including the many fees and costs that go with taking out a.

Busted! 8 Common Myths to Inform Home Buyers. Busted! 8 Common Myths to Inform Home Buyers. The down payment is your only up-front cost.. When you help bust these common home buying myths for your clients, you’re helping them make informed decisions about one of biggest investments they.

Home Buying Myth #3 – The only upfront cost is a down payment. This is one of the most dangerous of all the home buying myths. The costs of purchasing a home should be covered by both your agent and your mortgage lender, but sometimes the hidden fees get glossed over.