The Ultimate Truth about Housing Affordability. May 30, 2019 Pete Hall Blog Home. There have been many headlines decrying an "affordability crisis" in the residential real estate market.
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2009 McCord Rd, Valparaiso, IN 46383 is a 4 bedroom, 3 bathroom, 2,240 sqft single-family home built in 1970. This property is currently available for sale and was listed by Greater Northwest Indiana Association of REALTORS on May 31, 2019. The asking price for 2009 McCord Rd is $235,000. The MLS # for this home is MLS# 455919.
2 Myths Holding Back Home Buyers Myth #1: "I Need a 20% Down Payment" Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And,
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2 Myths Holding Back Home Buyers Because of that, here are two major myths the tend to be holding back homebuyers. #1. You need a 20% down payment. Unless you are a repeat buyer and have a huge chunk of equity to put down on another home, most first-time homebuyers don’t have the 20%.