rlando FL $64k cost of waiting 4.7-22.1% Appreciation rate forecast median home $292K 732-500-MUTE Down Payment MYTH Advisors Mortgage Group, L.L.C. NMLS#33041

Down Payment Myth HOME LOANS James Graff 732-500-MUTE Advisors Mortgage Group, L.L.C. NMLS#33041 In 34 of The United States of America Real Estate fact vs Fiction It’s amazing to me, but, right here in Orlando, Orange County Florida, there are over 164,282 residents who are currently renting but can afford to purchase a home. They are qualified to buy a home, so why wouldn’t they? Some people think that the housing market isn’t stable, but home prices for your area in Orange County are forecasted to appreciate by 4.7% over the next year, and 22.1% over the next 5 years. You know what that means in dollars and cents? If you purchased a home at the median price of $292,000, you would gain $64,000. This is a very strong market; however, here is the biggest misconception: in a national survey, the number one reason why people are still renting even though they are qualified to purchase a home is because they think they need 20% down. It’s hard to believe that people still think they need 20% down. That couldn’t be further from the truth! You can purchase a home with as little as 5%, or even 3% down, based upon the programs that are available. Contact me – I’ll show you how you can create wealth for yourself through real estate. With housing inventory extremely tight, many homes for sale will have multiple offers. You may wonder if you should put an offer on the home that is above asking price in order to win the contract. The forecasted appreciation for Orange County is expected to be 4.7% over the next year and 22.1% over the next 5-years. This may help you evaluate the amount, if any, that you might be willing to offer above asking price. If you decide to delay your purchase, the market will not remain idle and you may miss out on appreciation gains. And many people don’t consider the additional benefit of amortization that would have occurred while you’re waiting. Contact me to learn how you can build wealth through homeownership. Cash out refinance, debt consolidation, renovation loan, reverse mortgage, pre-qualify, pre-approval letter, FHA VA USDA HELOC HECM Fannie Mae Freddie Mac...