Florida Delayed Financing |

Category: Affordability

Auto Added by WPeMatico

Newly Built Homes May Be Less Expensive Than You Think

Written by Florida Delayed Financing Syndicated User on June 3, 2025. Posted in Affordability, Buying Tips, Delayed Financing Florida, First-Time Buyers, Florida Delayed Financing, For Buyers, Home Prices, New Construction.

Do you think a brand-new home means a bigger price tag? Think again.Right now, something unique is happening in the housing market. According to the Census and the National Association of Realtors (NAR), the median price of newly built homes is actually lower than the median price for existing homes (ones that have already been lived in):You read that right. That brand new, never-been-lived-in house may cost less than the one built 20 years ago in a neighborhood just down the street. So, if you wrote off a new build because you assumed they’d be financially out of reach, here’s what you...

The 20% Down Payment Myth, Debunked

Written by Florida Delayed Financing Syndicated User on May 6, 2025. Posted in Affordability, Buying Tips, Delayed Financing Florida, First-Time Buyers, Florida Delayed Financing, For Buyers.

Saving up to buy a home can feel a little intimidating, especially right now. And for many first-time buyers, the idea that you have to put 20% down can feel like a major roadblock.But that’s actually a common misconception. Here’s the truth.Do You Really Have To Put 20% Down When You Buy a Home?Unless your specific loan type or lender requires it, odds are you won’t have to put 20% down. There are loan options out there designed to help first-time buyers like you get in the door with a much smaller down payment.For example, FHA loans offer down payments as low as 3.5%, while VA and USDA...