There is no perfect score or perfect time to buy a house. The best time to buy a home is when you are ready.
FAIRHOPE, Ala. (PRWEB) September 06, 2020
By definition, a myth is a widely held but false belief or idea. I’ve been a realtor for a long time and can tell you from my first-hand experience many myths surround buying a home, especially for first-time buyers. Let’s shatter those myths once and for all.
1. You need a lot of money; after all, you will need a 20% down payment. Not true. Times have changed, especially this year. While COVID-19 has had devastating impacts on most industries, real estate remains relatively healthy. Not to mention, interest rates are lower than ever. Plus, there are loan programs designed with first-time homebuyers in mind.
2. You need a perfect credit score. Not true. Buying a home is not a one-size-fits-all business. People with an average score of 650 can purchase a home just as easily as someone with a perfect score of 850. The secret is to partner with an experienced realtor who can help you find the right lender to overcome any obstacle, including credit scores.
3. Spring is the best time to buy a house. Not true. The best time to buy a home is when you are ready. Be sure and work with a professional with the knowledge and expertise to navigate all the legal and regulatory requirements of buying a home.
Tracie Sweat is a realtor with Local Property, Inc. She spent 14 years in the banking world, working her way up to a commercial lender before pursuing a real estate career. She brings exceptional customer service and accountability to each of her clients. She believes in building relationships and helping her clients find the perfect home. Originally from North Carolina, she has called the Gulf Coast home for nearly two decades. Tracie’s ties to the community and local connections with inspectors, appraisers, commercial bankers, and insurance brokers give her and you a home-field advantage.
To learn more, visit her website, findgulfrealestate.com.