Real Estate Myths - Oro Valley Homes for Sale
Oro Valley Homes for Sale, Oro Valley Real Estate in Oro Valley Arizona AZ. Search Oro Valley Homes and Real Estate, Oro Valley Realtor Ian Taylor

Home buyers today have access to a wealth of information about the home-buying process before they even begin talking to a real estate agent. Friends and family, social media — everyone has a lot to offer.
Here are home-buying myths you should beware of and the corresponding home-buying truths you should know.
You need a 20% down payment
Your preapproval rate is the rate you’ll get when you close
You should wait to buy a home until prices are lower
Buying a home is always cheaper and a better investment than renting
You have to find a home before you apply for a home loan
Buying a fixer-upper will save you money
You have to get your loan from the lender who preapproves you
You shouldn’t buy until you can afford your ‘forever’ home
A 30-year, fixed-rate mortgage is always the best choice
You can’t buy a home if you have student loans
You have to pay the seller’s asking price to buy a home
You need excellent credit to buy a home
Fall and winter are bad times to buy a home