06/01/2026
🏡 HOMEOWNERSHIP MYTH vs. FACT 🔎
MYTH: You need 20% down to buy a home.
FACT: Many buyers qualify with far less.
This is one of the biggest misconceptions I hear from people who want to buy a home in New Jersey. Because of it, some future homeowners spend years waiting when they may already have options available today.
Other common myths:
❌ You need perfect credit.
❌ Renting is always cheaper.
❌ You should wait for interest rates to go down.
The truth? Every buyer’s situation is different, and there’s rarely a one-size-fits-all answer.
If you’ve been putting off buying because you think you’re not ready, you may be closer than you realize.
💬 What’s the biggest homebuying myth you’ve heard? Drop it in the comments.
📌 Save this post so you can come back to it when you’re ready to start your homeownership journey.