Buying A Home Can Be Scary Until You Know The Facts

Buying A Home Can Be Scary Until You Know The Facts

 Everybody wants to make a good decision... you will need two things, a good Realtor and a good mortgage person...



Buying a Home Can Be Scary... Until You Know the Facts [INFOGRAPHIC] | MyKCM

Some Highlights:

Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts:

  • 72% of buyers who purchased homes this year have put down less than 20%.

  • 76.4% of loan applications were approved last month.

  • The average credit score of approved loans was 727 in September.


Three Reasons to Buy Now:

  • Prices and demand flattened in August 

  • There is less competition- less chance of multiple offers

  • In all likelihood, home prices AND interest rates will be higher in the spring of 2019. 


Call Terry at 704-390-6221           Bobby at 704-351-0987   or     Eve at 704.651.4607


Terry McDonald Headshot
Author:
Phone: 704-390-6221
Dated: October 26th 2018
Views: 115
About Terry: My Relocation Story I came to Charlotte, from Hoboken, NJ, just outside the NYC area with a wife ...

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The McDonald Group
5970 Fairview Rd
Charlotte, NC
704-343-6624
704-464-3944

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