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Rainer
250,199
Jerry Thomas-Construction Loans
Cranbrook Loans - Farmington Hills, MI
Construction Loans in MI, OH, PA, VA, GA and FL.

That a buyer needs 20% down to buy a home. FHA is on 3.5% down, Conventional loans only require 5% down. The VA offers eligible service members and Veterans mortgages with no money down.

Feb 16, 2022 02:53 AM
Rainmaker
853,612
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

That resales need to meet 100% of current day building code... 

Feb 16, 2022 05:06 AM
Rainer
195,522
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

Myth - It's too expensive to buy. 

Truth - Owning is less expensive than renting.

Feb 16, 2022 04:15 AM
Rainmaker
2,246,135
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

A house you like goes under contract, sale pending status. You are a buyer on the house hunting trail. That home listing you see hop back on the MLS conveyor belt, is an active listing again. Do not think automatically  "something's wrong with that listing... the reason it is back on the market is because of the property". NOOOooooo....misconception and worth looking into if you liked the home first time it caught your eye. Consider the buyer for that house had something to do with why the sale derailed and never got to the real estate closing @williampiotrowski .

Feb 16, 2022 04:02 AM
Rainmaker
5,244,268
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Waiting for the perfect home! Getting to tied up on location. Waiting until you have a 20% or more downpayment.

Feb 16, 2022 04:01 AM
Rainmaker
5,115,878
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

1. That they can do it all themselves without an agent's assistance.

2. That they will get a better "deal" if they work directly with a seller's agent.

Feb 16, 2022 06:09 AM
Rainmaker
906,922
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

1) That inspections pass or fail. We don't have pass/fail inspections. 

2) That they don't need a home inspection on a new construction home.

3) That they don't need an agent when buying new construction homes.

Feb 16, 2022 05:20 AM
Rainmaker
1,057,404
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

That the seller 'must counter' . . .
nope. They can also ignore your lowball offer and a lot of AGENTS need to also keep that in mind!

Feb 16, 2022 06:10 AM
Rainmaker
766,669
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

People believe that one should buy the best house they can afford and other believe they should pay the least possible for a satisfactory house.  The truth lies in between.  But the most house you can afford that will last you and your family the longest without leaving yourself house poor.  Paying too little is costly in the long run as you will be buying and selling too soon.  It's not cheap to do either.

Feb 15, 2022 09:56 PM
Ambassador
2,684,769
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      That the agent working with you is "your agent".  Unless they have a written fiduciary agreement, you may not have their undivided loyalty and total confidence. 

 

     Signing an "Exclusive Buyer Broker's Agreement" only guarantees a commission to the agent working with you... it may or may not provide a fiduciary. 

     Read the fine print, see an attorney for legal advice before signing anything.

Feb 16, 2022 07:39 AM
Rainmaker
1,208,441
Peter Mohylsky, Destin BeachPro
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Home ownership is for everyone. 

Feb 16, 2022 07:42 AM
Rainmaker
2,785,306
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

When it is the buyers turn at bat, hit a home run. If not, the next guy will

Feb 16, 2022 06:14 AM
Rainmaker
5,879,125
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Some first-timers think you should have 20% down, but right now, they need some of that for the appraisal gap.

Feb 16, 2022 06:01 AM
Ambassador
3,350,439
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

That if they work directly with the listing agent they will be fairly represented. 

Feb 16, 2022 08:27 AM
Rainmaker
1,325,749
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Good information here for you to write a blog, William Piotrowski 

Feb 16, 2022 11:30 AM
Rainmaker
2,195,069
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

That VA Mortgages are MUCH harder to close

Feb 16, 2022 10:12 AM
Ambassador
3,141,038
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

They will save money if not represented.

Feb 16, 2022 09:09 AM
Rainer
14,032
Nancy Bergman
Pearson and Associates Real Estate Team - Sandy, UT
Communication is Key - 858-617-9449

That they don't have the down payment. Here in Salt Lake City Utah, there are so many down payment programs to help buyers with their down. 

Feb 20, 2022 11:15 AM
Ambassador
6,424,196
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

That a better deal can be found when buyers call the listing agent.

Feb 18, 2022 03:16 AM