Infographics
What You Really Need To Know About Down Payments
Some Highlights
- There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
- And if you want to give your savings a boost, look into down payment assistance. Most first-time buyers qualify and the typical benefit is $17,000.
- To learn more about loan options or down payment assistance programs, connect with a trusted lender and check out downpaymentresource.com.
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Some Highlights
- Prices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at newly built homes.
- There are more available. Builders are more flexible on prices right now. And people who buy new homes tend to get lower rates in this market thanks to the incentives builders can offer.
- Connect with an agent if you want to see the new builds available in and around your area.
Some Highlights
- With all the headlines circulating recently, you may be wondering what’s next for home prices? Here’s what the expert forecasts say.
- Home prices are still forecast to rise nationally this year, just at a much slower pace. But price trends are going to vary by area.
- To have a quick conversation about what’s happening in your local market, connect with a real estate agent.
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