5 Weird Spooky Facts About Buying a Home 

Read original article here:http://www.reallynicehomes.com/blog/5-weird-spooky-facts-about-buying-home/

As you know, when you really think about it...the world is a big scary place with lots of danger and little spooky things crawling all around us at all times. To make matters even worse, you may have to also include real estate among all your fears.

With Halloween rapidly approaching, we are going to analyze the " Top Five Weird Spooky Facts About Buying a Home"

Sometimes what we fear is not real

Will Smith said it better...

“Fear is not real. The only place that fear can exist is in our thoughts of the future. It is a product of our imagination, causing us to fear things that do not at present and may not ever exist...danger is very real but fear is a choice.”

So what are the 5 things people fear the most when buying real estate? 

FEAR #1 : 

I need at least 20% Down Payment to buy a house.

Most loans are are under 10% down, with FHA loans going as low as 3.5% down..even less!

Some lenders are now even lending with as little as 2% down on some special cases.. 

FEAR #2 : 

I need at least 780 Credit Score to buy a house.

The average credit score on approved loans is 723.

I have a loan officer that helps my clients fix their credits and can get them started in the 600's credit score range. .

FEAR #3 : 

Getting Approved for a Mortgage is HARD and a lot of work!

Did you know that 71% of all loans applications get approved....all you have to do is try it by contacting your trustful professional..Too many people are disqualifying themselves by thinking erroneously...don't fall under this trap.. .you need someone else to disqualify you.

FEAR #4 : 

There is not enough money out there for banks to lend.

The mortgage credit availability to obtain a mortgage loan has increased SUBSTANTIALLY just in the last 7 months. More banks and lending institutions are relaxing their requirements because the money they have to lend is accumulating and sitting around waiting for more applicants.

FEAR #5 : 

I'm afraid I lose my job and not be able to pay for my mortgage

You have to live somewhere anyways... and besides, a landlord is LESS forgiving than a mortgage holder when you have a temporary setback like losing a job or getting sick. 

"A landlord will evict you 10 times faster than a bank foreclosing your house"

Buying a house is scary by itself, specially if you are a first time home buyer -- Make it easier for you by contacting a real estate professional.

Be clear on your fears by knowing the buying process inside out ...with the help of your Realtor.

If you are looking to buy a home in MD, DC or VA let us guide you.

We know the process and our agents are ready to help you.

Give us a call 301-246-0001

Happy Halloween!

301-246-0001

Maxus Realty Group

www.ReallyNiceHomes.com