When it comes to buying or selling a home, misinformation can cost you time, money, and peace of mind. Let’s tackle the most common myths head-on to help you make smarter decisions.

Myth #1: “You Need a 20% Down Payment to Buy a Home”

TRUTH: While 20% avoids private mortgage insurance (PMI), many loans require as little as 0-5% down! Programs like FHA, THDA, VA, and USDA loans cater to first-time buyers, veterans, and rural areas.

Pro Tip: Work with a lender to explore low-down-payment options tailored to your finances.

Myth #2: “The Listing Price Is the Home’s True Value”

TRUTH: A home’s value is determined by buyer demand, recent comparable sales, and market trends—not just the seller’s price. Overpriced homes often sit unsold, while underpriced ones spark bidding wars.

Pro Tip: Always get a comparative market analysis (CMA) to gauge fair value.

Myth #3: “Spring Is the Only Time to Sell”

TRUTH: While spring is popular, today’s market moves year-round. Low inventory in fall/winter can mean less competition and motivated buyers. Timing depends on your goals and local trends.

Pro Tip: Focus on preparing your home to shine—staging, repairs, and pricing matter more than the season.

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🧠 Stop Letting Myths Hold You Back from Homeownership

From low down payment options to smart timing strategies, understanding the truth gives you the confidence to act wisely in any market.

🏡 Got Questions or Ready to Make a Move?
📞 Call (615) 819-1996 to chat with our team—we’re here to guide you every step of the way.

💡 Stay tuned for Part 2: More myths debunked—so you can buy, sell, and invest with confidence!

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