Two Big Myths in the Homebuying Process

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Two Big Myths in the Homebuying Process | Simplifying The MarketThe 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the […]

How Your Tax Refund Can Move You Toward Homeownership This Year

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How Your Tax Refund Can Move You Toward Homeownership This Year | Simplifying The MarketIf you’re looking to buy a home in 2020, have you thought about putting your tax refund toward a down payment? Homeownership may be one step closer than you think if you spend your dollars wisely this year. Based on data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $2,962 when filing […]

Great News for Renters Who Want to Buy a Home

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Great News for Renters Who Want to Buy a Home | Simplifying The MarketRents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for renters to save more of their […]

How Buyers Can Win By Downsizing in 2020

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How Buyers Can Win By Downsizing in 2020 | Simplifying The MarketHome values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at […]

2 Myths Holding Back Home Buyers

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2 Myths Holding Back Home Buyers | Simplifying The MarketIn a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals,  “Saving for a down payment is one of the biggest obstacles faced by first-time home […]

62% of Buyers Are Wrong About Down Payment Needs

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62% of Buyers Are Wrong About Down Payment Needs | Simplifying The MarketContrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in […]

How Much Do You Know About Down Payments?

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How Much Do You Know About Down Payments? | Simplifying The MarketWhether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today. 1. How much do you really need […]