9 Home Buying Myths to Unlearn Right Now - Professionals Real Estate

9 Home Buying Myths to Unlearn Right Now

Professionals Real Estate Latest News | News for Buyers 9th May, 2024 No Comments

Think you know everything about buying a home? Think again! Don’t fall for these 9 common myths that could derail your home-buying journey.

  1. 20% Down Payment: You don’t need it. There are options with lower down payments.
  2. Renting is Always Cheaper: Not necessarily. Buying can be a smart long-term investment.
  3. Perfect Credit Required: Many lenders offer options for various credit profiles.
  4. Non-Negotiable Listing Price: Negotiation is standard in real estate transactions.
  5. Buy the Most Expensive House: Stay within your budget to avoid financial strain.
  6. New Construction Doesn’t Need Inspection: Always get one to catch any hidden issues.
  7. Wait for the Perfect Time: There’s no perfect time. Focus on your readiness.
  8. Can’t Buy with Student Loan Debt: It’s possible, especially with specialised loan programs.
  9. Best Deals on the Market: Explore off-market opportunities for hidden gems.
Related Market News
6th January 2025
PRO-News: Why this summer is an excellent time to buy a home in Australia

Thinking of buying a home? A flatter than usual market and upcoming interest rate changes make this summer the perfect opportunity to secure your dream property.

Read More
6th January 2025
This Week’s NSW Property Highlights

This week’s property highlights picked from our New South Wales state offices.

Read More
19th December 2024
The Pros and Cons of Selling Your Home to Tenants

Selling your home can be a complex process, and one option that some property owners consider is selling directly to their tenants. While this approach…

Read More