NEW YORK (MainStreet) — Robert McGarvey
The fact is, buying a home today is absolutely, totally different from buying one in 2003. And right there is why so many myths swirl around a process that, in many ways, is utterly novel from what it has been. What was true isn’t anymore.
Be ready to be shocked as we bust some myths below.
Myth 1: You need a 20% down payment even to think about buying a home, and that means maybe a couple hundred thousand in cash for a would be Manhattan apartment hunter.