Tag: real estate myths

Don't get into the trap of being misinformed either if you are buying a property or selling one of yours. Misinformation hurts the buyer as well as the seller, especially to the one who is purchasing a property for the first time. Experience means a more in such situation and that too in the real estate market. You may not have experience and so it is suggested to take the help of one who knows the industry very well. Try to remain away from floating myths. Below are some of the myths explained. Do check these. 20% deposit for first-time buyers Most of the first-time buyers believe they need to make a cash deposit of 20 percent to buy a home, but the fact is that many programs for first-time home-buyer asks for just 5 percent deposit. Single-family residential homes not strong...

These days independent work and flexible scheduled have become more acceptable and more appealing. This has resulted with rise in people interested in real estate business. However, there are myths too in the industry and here are some of those misconceptions explained. Property gurus know everything This is one of the greatest myths that the real estate moguls or property gurus on TV know everything. Ask yourself that why should someone sell you a course when they can follow the same norm and become rich and richer in the property market. Huge money required to start This too is a big misconception. You don't really need a lot of money to start your luck in real estate business. In fact a proper education is needed as an investor. If you know what to really do after you ha...