You Can Buy a House with Less Than 20 Percent Down
Believe it or not, you can still buy Dallas real estate without having a 20 percent down payment. This is a current real estate myth that may be stalling many people’s decision to purchase a home. While it is true that many financial institutions have tightened their purse strings when it comes to who they will lend to, it is not equally true that you must have more money saved than before this mortgage crisis hit. What is absolutely true is that you should not try to purchase a home that you know you cannot comfortably afford. This will only lead to disaster.