Real Estate Myth Busters: Top 3 Homebuying Myths Debunked

<article class="post-1439797 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-1439797"><span class="entry-date">April 11, 2025</span><div class="entry-header center-block text-center"><h1 class="entry-title">🗝️ Real Estate Myth Busters: Part 1 – Debunking the Top 3 Myths Homebuyers Believe! 🏠</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=%F0%9F%97%9D%EF%B8%8F+Real+Estate+Myth+Busters%3A+Part+1+%E2%80%93+Debunking+the+Top+3+Myths+Homebuyers+Believe%21+%F0%9F%8F%A0&url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Freal-estate-myth-busters-part-1-debunking-the-top-3-myths-homebuyers-believe%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/home-buyers-and-sellers/index.html" rel="tag">Home Buyers and Sellers</a> , <a href="../category/real-estate-education/index.html" rel="tag">Real Estate Education</a></div><div class="post-tax post-post_tag"><span>Tags: </span><a href="../tag/debunking-real-estate-myhts/index.html" rel="tag">debunking real estate myhts</a> , <a href="../tag/middle-tn-home-transitions-in-2025/index.html" rel="tag">middle tn home transitions in 2025</a> , <a href="../tag/middle-tn-real-estate/index.html" rel="tag">middle tn real estate</a> , <a href="../tag/real-estate-mythbusters/index.html" rel="tag">real estate mythbusters</a> , <a href="../tag/the-gillig-group-realtors/index.html" rel="tag">the gillig group realtors</a> , <a href="../tag/thegilliggroup/index.html" rel="tag">thegilliggroup</a></div></div><div class="entry-content">
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<p>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 <em>head-on</em> to help you make smarter decisions.</p>
<h2 class="wp-block-heading"><strong>Myth #1: “You Need a 20% Down Payment to Buy a Home”</strong></h2>
<p>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.</p>
<p>Pro Tip: Work with a lender to explore low-down-payment options tailored to your finances.</p>
<h2 class="wp-block-heading"><strong>Myth #2: “The Listing Price Is the Home’s True Value”</strong></h2>
<p>TRUTH: A home’s value is determined by <em>buyer demand</em>, recent comparable sales, and market trends—not just the seller’s price. Overpriced homes often sit unsold, while underpriced ones spark bidding wars.</p>
<p>Pro Tip: Always get a comparative market analysis (CMA) to gauge fair value.</p>
<h2 class="wp-block-heading"><strong>Myth #3: “Spring Is the Only Time to Sell”</strong></h2>
<p>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.</p>
<p>Pro Tip: Focus on preparing your home to shine—staging, repairs, and pricing matter more than the season.</p>
<p> you!</p>
<h3 class="wp-block-heading">🧠 Stop Letting Myths Hold You Back from Homeownership</h3>
<p>From <strong>low down payment options</strong> to <strong>smart timing strategies</strong>, understanding the truth gives you the confidence to act wisely in any market.</p>
<p>🏡 <strong>Got Questions or Ready to Make a Move?</strong><br/>📞 Call <strong>(615) 819-1996</strong> to chat with our team—we’re here to guide you every step of the way.</p>
<p>💡 <strong>Stay tuned for Part 2: More myths debunked—so you can buy, sell, and invest with confidence!</strong></p>
<p>#RealEstateMyths #HomeBuyingTips #HouseHuntingHacks #RealEstateTruths</p>
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