All I need is a Downpayment: Real Estate Debunked
Thursday, Aug 04, 2022
There are a lot of misconceptions when it comes to Real Estate. Your local realtor Kip, who has over 30 years of experience, is taking on the task of debunking some of the most common myths!
Myth: All I need is a downpayment to buy a house
Truth: While a 5% downpayment is important there are also additional expenses, closing costs, legal fees, deed transfer tax, property taxes, and in some cases paying for oil. These things can really add up! Make sure you have a rough estimate of how much money you need upfront!