down payment: Needing a 20 Percent Down Payment is a Mortgage Myth - 07/15/22 12:21 PM
Needing a 20 Percent Down Payment to Purchase a House is a Myth!Saving to buy a home isn’t easy, and 20% of the purchase price for the down payment could take many years to save. But fortunately, 20 percent is a down payment myth, and if you want to put down less, you have many options to choose from.
The 20% house down payment myth began intensifying after the 2007 housing crisis. Lenders needed larger down payments to reduce the chance of borrowers defaulting and entering foreclosure.
However, this situation has now changed, and you don’t need to save 20% before you can … (2 comments)

down payment: Can You Buy a House With No Money Down - 08/25/20 08:27 AM
Buying a Home Without a Down PaymentOne of the questions buyers wonder is whether they can buy a house with no money down. The answer is YES!
Many buyers wonder exactly how much down payment they need to buy a home.
Finding the money for a down payment can be one of the biggest obstacles when buying a home. This doesn’t have to be the case, however, with no money down mortgages being a possibility.
Many years ago, purchasing a home without a substantial down payment was impossible. That is no longer the case and has existed for many years. Unfortunately, there are still … (5 comments)

down payment: What Are The Down Payment Requirements to Purchase a Home - 03/26/20 11:59 AM

How Much Down Payment Do You Need to Buy a HomeAre you saving to buy your first home? One of the most commonly asked questions among potential home buyers is how much do I need for a down payment. When it comes to down payments, there has been a significant amount of false information floating around for years.
So many first-time buyers are under the false impression that a twenty percent down payment is necessary. Needing this kind of down payment is completely false. The resource at Maximum Real Estate Exposure does a solid job of explaining what you need to know … (1 comments)

 
Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty)

Bill Gassett

Metrowest Massachusetts Real Estate

Hopkinton, MA

More about me…

RE/MAX Executive Realty

Address: 22 South St #203, Hopkinton, MA, 01748

Office: (508) 625-0191

Fax: (508) 435-5550

Metrowest MA Real Estate - Realtor specializing in home sales in Hopkinton, Milford, Holliston, Ashland, Southboro, Westboro, Upton, Mendon, Hopedale, Grafton, Medway, Northbridge, Franklin, Framingham, Shrewsbury, Northboro, Bellingham, Sutton, and Uxbridge MA. Includes Real Estate home selling & buying tips, Homes for sale in and around Metrowest.



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