3 Popular Mortgage Myths Busted! Obtaining a mortgage can be a tricky thing. Whether buying a home or refinancing the remaining balance, the chances are that we are dealing with your largest financial asset and that can be scary. Don’t let that fear blind you into falling for a couple of common misconceptions.
This myth is based on the belief that, for example, a $150,000 mortgage with a 5% interest rate is the same across all lenders. This could not be further from the truth. Closing costs and other fees vary from one mortgage lender to another by as much as $5,000 on a $150,000 loan.
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As agents, we know there is no shortage of real estate myths that buyers tend to believe before coming into the home-buying or home-selling process. We get many questions regarding false beliefs that can hinder the success of the home sale. Below are the top five real estate myths that buyers and sellers should stop believing.
About the authors: The above article "Top Five real estate open house Myths – BUSTED!" was written by Kyle Hiscock of the Hiscock Sold Team at RE/MAX Realty Group. With over 35 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise.
The Firehill Group is a new and fast moving Loudoun County, virginia real estate team designed & created to give you what the typical real estate agent either doesn’t know or doesn’t want you to.
Top Five Real Estate Open House Myths – BUSTED! Top Five Real Estate Open House Myths – BUSTED! Top 10 Final Walk-Through Issues That Can Delay Or Kill A Closing Top 10 Final Walk-Through Issues That Can Delay Or Kill A Closing. Re/Max Realty Group 10 Grove Street Pittsford, NY 14534 (585.
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Dear Monty, you write a lot about the myths and misinformation in real estate. Do you have a "Top 10 real estate myths" kind of thing for that stuff? – Jason S. Chicago, ILL. Monty’s Answer: Hello Jason, Thanks for asking. It is an insightful question. Here is a list of the "Top 10 Real Estate Myths." There is no particular order.