5 Costly Homebuying Myths.. 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.

From the open house to securing a mortgage to closing day, purchasing a home is a complex and daunting process. Here are 11 myths that home buyers should abandon if they hope to.

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Busted! 8 Common Myths to Inform Home Buyers. dec 27 2016. posted by Petya Manning; in Education, Marketing, Myth #4: 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 may ever make..

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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.

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!

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 · Common Home Buying Myths Busted!. Myth No. 5: The down payment is the only upfront cost. False! Yes, the down payment will get you in the door but there are also taxes, fees, inspection costs, credit reports, insurance and the seller might require the buyer to pay closing costs.

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