There is a stubbornly pervasive misconception out there that buyers MUST have 20% down in order to buy a home.
This is simply not true!
First, understand that dependable real estate market news can NOT be gotten from the national news! And really, not much from local news either. Why? Because ALL real estate markets are LOCAL! What is happening in Las Vegas means nothing to us here in the Annapolis area housing market. And, many news outlets simply focus on the latest gloom and doom rather than going in depth with the big picture. With respect to financing, we rarely hear the GOOD news that’s out there. Well, read on…. Continue reading
