Margot Mohr Teetor-RE/MAX Preferred

It's up to you!!!

Myth: A Down Payment Is the Only Upfront Cost Don’t get sticker shock when you head to the escrow company to sign your final papers. Your down payment doesn’t cover things such as a home inspection, termite inspection or closing costs, which can range from 3% to 6% of the purchase price. The truth: Many closing costs are negotiable, so you can ask the seller to pay them. If you need to finance closing costs, ask your lender about an FHA loan where some closing costs can be ad...ded to the loan. Ready to hear more? GIve me a call today!

FORGET LIMITATIONS!

Myth: You’ll Need a 20% Down Payment Plus Closing Costs Having the spare capital to put 20% down on a home purchase is great, but it’s certainly not the norm. The truth: There are many programs such as FHA mortgages where you only need as little as 3.5% down and some of the closing costs can be covered as well.... Get in contact with me today and I can help sort out what you need! buff.ly/2KJW703

Myth: Buying a New Home Means Few Repairs in Years To Come Modern home builders have a strong incentive to build quickly and with the least expense in order to maximize profits and move on to the next project. But, there are some hidden expenses in building a new home. And quick builds designed to maximize profits can result in homes with lower-quality craftsmanship and some important construction details overlooked.... The truth: Employ a home inspector specializing in new home construction to discover potential problems, such as walls with little soundproofing or marble countertops that haven’t been properly sealed. The time to have these things identified and fixed is before you close on your new home.

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