So now you are ready to purchase a home. You know you have to put a down payment on the house; however, you have no idea how much money that part of the transaction costs. Contrary to common misconception, a down payment is often much less than many believe. When you work with a Realtor, like me, we will discuss down payment options and lots of other financial topics.
According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market. That is not true. The truth: “32% of current U.S. homeowners put 5% or less down on their home” according to census data.
If you are ready to purchase a home, please contact me, and we will meet to see how we can make your dream of homeownership come true.