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How much down payment do you need to buy a home?
November 23, 2019 at 7:00am | Mac Rogers
How much down payment do you need to buy a house?
I just met a nice young couple at the dog park and we got to talking about real estate. They asked me how much down payment do you need to buy a house and they were surprised when I told them that you don't need 20% down to buy a home. Hi my name is Mac
Rogers, broker owner of Albert Rogers Realty here in Castro Valley CA.
You know there’s still a considerable number of potential home buyers that shy away from the real estate market because they’re just uncertain about the buying process – particularly when it comes to down payment.
Now, according to Nerd Wallet "More than 62% of Americans believe you must put at least 20% down to purchase a home". “The truth is this, 32% of current U.S. homeowners put 5% or less down on when they purchased their current home.
So don’t let a lack of understanding keep you and your family out of the housing market. Meet with a local real estate professional who can show you your options today. Would love to hear your comments and feedback below. I hope this video helps and I
will see you at my next open house.
Oh I forgot to mention, I have a buyer's master class that might help you if you are thinking of buying a home. In this master class I go over 5 key strategies to buying a home in today's dynamic market that I personally use to help my clients get the
home of their dreams. If you are interested, send me message and I will send you a link.