Five homebuying misconceptions to avoid


Last updated 2/24/2022 at 4:38pm

The seemingly-overwhelming experience of buying a new home is a process each homebuyer goes through. However, much of the stress of this big decision are myths. Village News/Courtesy photo

Jane Kepley

Special to the Village News

It's common for both first-time homebuyers and experienced homeowners to feel overwhelmed by the process of purchasing a house. Plus, myths and misconceptions often make the experience even more confusing.

Myths like: "Renting is cheaper than buying." "You need a credit score of 700 to get a loan." "You shouldn't buy in a seller's market." Have you come across any of these?

If you're thinking of buying this year, don't let these misleading ideas deter you from your goals.

Myth #1: You need a certain credit score. While mortgage programs do have cr...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021