Down Payments | The Paradigm Realty Group

61% of First-Time Buyers Put Down Less than 6%

$\"61%$ According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying. The median down payment […]

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3 Tips for Making Your Dream Home a Reality [INFOGRAPHIC]

Down Payments, First Time Home Buyers, For Buyers, Infographics / Ajeenah Crittendon

Some Highlights:

Realtor.com/ shared their “5 Habits to Start Now If You Hope to Buy a Home.”
Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking a lot about it.
Living with…

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Home Prices Up 7% from Last Year

Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"Home$ According to CoreLogic’s latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0% year-over-year increase. A lack of supply of homes for sale has led to upward pressure on home prices across the country, especially in areas […]

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Buying a Home Can Be Scary… Unless You Know the Facts [INFOGRAPHIC]

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Millennials / Ajeenah Crittendon

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:

40% of millennials who purchased homes this year hav…

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Millennials Flock Towards Low Down Payment Programs

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers / Ajeenah Crittendon

$\"Millennials$ A report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less. The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%. An article by Chase points to a new wave of millennial homebuyers: “We teamed up with Google to […]

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