Buying Myths | Sheridan Property Group

You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]

by House Trevethan Staff | Feb 3, 2023 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to...

Think Twice Before Waiting for 3% Mortgage Rates

by House Trevethan Staff | Jan 17, 2023 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...

Key Terms To Know When Buying a Home [INFOGRAPHIC]

by House Trevethan Staff | Jan 13, 2023 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to...

Wondering How Much You Need To Save for a Down Payment?

by House Trevethan Staff | Jan 3, 2023 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers

If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make the process...

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

by House Trevethan Staff | Dec 28, 2022 | Buying Myths, First Time Home Buyers, For Buyers

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home...

Confused About What’s Going on in the Housing Market? Lean on a Professional.

by House Trevethan Staff | Dec 27, 2022 | Buying Myths, For Buyers, For Sellers, Selling Myths

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate...