At a certain age, you have to realize which knowledge/ information you’ve gained from the older generation is outdated in todays society.

As a mother, I may stretch the truth in order to protect my children. This is a natural behavior. It only makes me acknowledge that its time to realize if caffeine will still stunt my growth, and if i really need 20% to put down on a house.
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Today, I want to press a couple myths that hold many of us millennials back from living our best lives. Myths that came from some of the older generation, who many of us still trust the most!

Whether this information you have heard WAS the truth at the time, or just a little white lie, realize NOW if they still pertain to the present moment.

-These are real facts, today.

• You do NOT need 20% down to buy a house (there are programs that are as low as 0% down (USDA))

• The term “30 year loan” does NOT mean you are obligated to live there that long! (Payments are broken down for a 30 year loan to make them more affordable)

• You CAN use your tax return towards a down payment!

• Your credit does not need to be above average to purchase a house (580 credit score is a considerable score for a FHA loan)

Before becomeing a Realtor Associate, I was impressed by how easy it was to become a homeowner! The 1st house, my score was slightly above average at a 620, I was 21. It was the the perfect situation for a USDA loan, where $0 is required down. We moved in, lived there for 5 years, did about $5k of work on it. When it was time to move, at settlement, we got a $40k check in our hands. At that moment, we realized that purchasing a house really does pay you to live there.

When we bought our second house, our score was a 580, stuff happens, we were approved for a FHA loan, where only 3.5% was required down. That was our whole tax return, which otherwise would have been used on nothing but material things that wouldn’t benefit us. Here, now, we are sure that if we stay ahead on our mortgage payments, we will be paid to live here.

Dear Fellow Millennials,
INVEST in your future through REAL ESTATE!

What’s the most anticipated time of the year? Christmas, maybe! Birthday, kinda! The day you get your W2,YES!!! Every year majority of us receive a tax return. For many, it’s the only time, ever, a lump sum of money is available to them. A lot of us have no clue how to spend it wisely, some of us already know where the return is going.
For those who are unsure what to do with your return, ask yourself a few questions…
1) Is your credit score a 580 or higher?
2) Do you have an active bank account?
3) Have you had steady employment for at least 2 years?
4) Are you ready for a rewarding change?
If all or most of you answers are yes, here’s an idea on what you could use your tax return towards.

A down payment for a house!

Once upon a time, as you may know or have heard, qualifying for a mortgage was very hard and down payments were too high to save for! In todays market, a down payment could be as low as 0% and 3.5%

So lets do some math-
I can get you in touch with the mortgage broker who got us into our house in only 18 days!

Don’t forget, the money that you put down for a house, is instant equity! An investment.

So, if you’re expecting a return, you could potentially have a whole, or even a portion of a down payment for a home! Any amount you receive, is one step closer to homeownership!

I’m happy to be at yours service for all real estate needs!