“You need 20% down” (and 3 other real-estate myths we should bury)

  Thursday, Jun 05, 2025

Real estate rumors spread like crazy, especially this time of year. As your Official Trusted Realtors For the Rest of Your Life, we will take it upon ourselves to bust a few big ones:


  • Myth #1: You must put 20% down to buy. Nope. Plenty of loans start at 3–5% down (and yes, still offer sane monthly payments). We can connect you with an amazing lender to help you figure out what's right for you.
  • Myth #2: Rates have to drop before it’s smart to buy. Waiting might cost you more if prices keep climbing, and prices are expected to climb another 3% this year. You can always refinance; you can’t rewind price growth. Say it with us: "Don't try to time the market."
  • Myth #3: You can’t buy and sell at the same time without losing your mind. It just takes a solid game plan, and we have TWELVE different strategies to make it happen. Totally doable.
  • Myth #4: Summer is a bad time to list because “everyone’s on vacation.” Actually, summer buyers are serious. They often want to be settled before school starts.

Say it with us again: "Don't try to time the market."

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James Osmar

REALTOR®

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