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down payment

How Down Payment Assistance Opens the Door to Homeownership

October 27, 2020October 27, 2020 by bobelliot

  Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely Read More

Posted in Home Buying Tagged affordability, down payment, homeownership

Do You Have Enough Money Saved for a Down Payment?

October 14, 2020 by bobelliot

One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials (ages 25-40) say they’re Read More

Posted in Home Buying Tagged down payment, mortgage

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Bob Elliot
eXp Realty
612.868.5500
bob@mnresteam.com
7700 France Ave S, Edina, MN
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