20% down is a LIE
Right here in Baldwin County, there are over 16,931 residents who are currently renting but can afford to purchase a home.
They are qualified to buy a home, so why wouldn’t they?
Some people think that the housing market isn’t stable, but home prices for our area in Baldwin County are forecasted to appreciate by 3.7% over the next year, and 19.2% over the next 5 years.
Do you know what that means in dollars and cents?
If you purchased a home at the median price of $222,000, you would gain $43,000!!!
This is a very strong market; however, here is the biggest misconception: in a national survey, the number one reason why people are still renting even though they are qualified to purchase a home is that they think they need 20% for a down payment.
It’s hard to believe that people still think they need 20% down.
That couldn’t be further from the truth!
You can purchase a home with as little as 5%, 3% down, OR even ZERO down based upon the programs that are available.
I’ll show you how you can create wealth for yourself through real estate.
Marcus Walker – Waters Edge Realty