Buying Your First Home? Don’t Let These Myths Hold You Back

Let’s be honest, buying your first home can feel a little overwhelming. And if you’ve been thinking about it but haven’t made a move yet, chances are you’ve run into at least one of these thoughts:

“I need a huge down payment.”
“My credit isn’t perfect so I’m probably not ready.”
“I should wait for the market to calm down.”
“Renting feels easier right now.”

Sound familiar? You’re not alone. A lot of first-time buyers hesitate because of what they think they need to have in place. But here’s the truth: most people are a lot closer to homeownership than they realize.

Let’s Break It Down: 3 Common Misconceptions

1. “I need 20% down.”
Not even close. There are plenty of loan options out there where you can buy with as little as 3% down and some even less. We can connect you with a local lender who can show you exactly what’s possible based on your situation.

2. “My credit isn’t perfect, so I’ll never qualify.”
Perfect credit is great, but not required. Lenders look at the whole picture and again, a quick conversation can help clear this up fast and help prepare you for the future if you aren't ready now.

3. “It’s just not the right time.”
We get it, timing matters. But waiting can cost you more in the long run. Rising rent, increasing home prices, and higher interest rates don’t usually wait for the perfect moment. The best time to start is when you’re curious enough to ask questions and that time might be right now.

Here’s What We Suggest

Step 1: Let’s talk.  Just a real conversation about where you’re at and what you’re hoping for. Our job is to help and advocate for what's best for you, not push you right now. 

Step 2: We’ll set you up with a lender. Someone local, who’s great at working with first-time buyers. They’ll help you understand your budget and next steps.

Step 3: If it makes sense, we’ll help you find the right home. If not, at least you’ll have a clear plan and peace of mind.

You don’t have to figure this all out on your own. Let’s make a plan that works for you even if buying feels a little out of reach right now.

📞 Call or text me at 920-395-1927

Whenever you're ready, Savaglio & Co. at eXp Realty is here to help.