Despite the current attention around buyers paying all-cash for homes, the majority of home buyers finance their home purchase. Among primary residence buyers, 74% percent financed their home purchase, a share that rises to 91% among first-time buyers. When financing a home, buyers typically have a down payment. But how much is it? And where does it come from?
Full article here: Tackling Home Financing and Down Payment Misconceptions
(512) 853-0110 or robert@AustinTxHomeSales.com
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