The truth about down payments
Do you think you have to put down 20% when you buy a house? Think again. Unless specified by your loan type or lender, it is not always necessary. And the truth is, most home buyers don't. The average down payment for first-time buyers is 9%, but most of the time you don't even need to pay that amount. And if you want to give your savings a boost, check out the growing number of down payment assistance programs. On average, they provide about $17,000 to qualified buyers. Do you want to learn more? come on connect to explore your options today.
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I'm Joe Peters, a real estate agent with over twenty years of experience at Coldwell Banker Residential Brokerage. I work with people who want to buy or sell a home (or both) in Hunterdon or Somerset County, New Jersey. Clients rely on me for detailed market and neighborhood information and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, gives clients a unique advantage.
