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5 Surprising Facts About Buying a Home in Carroll County, MD
Despite the continuing shortage of homes for sale, the ones in a buyer's price range are continuing to sell. Even though the seller's market continues, there are 5 surprising facts many buyers don't know when buying a home in Carroll County, MD. This lack of knowledge might just be preventing you from getting out of the rent-trap and buying your own home! The first surprising fact: It's possible to buy a home with no money down. Many buyers think 20 percent down is required, this is simply not true. If you meet the income and credit requirements, you can buy a home with no massive amounts of cash in your bank account. The second surprising fact: Closing costs are a necessary part of buying a home that many buyers don't think about. However, it is possible to ask the seller to pay some, or all, of your closing costs. Again, you can buy a home with no massive amounts of cash in your bank account. The third surprising fact: Buyers have the opportunity to have homes inspected so they know what they are buying. No worries about buying a lemon! And if the inspections fail the home, it's possible to walk away! The fourth surprising fact: There are ... more
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