Home Buyer Myths

Home buyers shouldn’t believe all the myths around these days. They should be cautious and very educated but don’t believe everything you hear.
Myth 1 : The longer a property is on the market the more you can negotiate down the price. Wrong, unless the seller tells you they are in a desperate situation they may not be willing to negotiate at all. They may not need to sell. Maybe they are just fishing to see who will bite.
Myth 2: Sellers are desprite. Wrong, not all sellers have to sell. They might just be thinking about a lifestyle change.
Myth 3: You have to have 20% down to buy a house. Wrong, check with your lender. FHA loans need only 3 1/2% down
Myth 4: You need great credit to buy a house. Wrong, you do need to have good credit and if it’s good great you’ll get a better interest rate.
Myth 5: Don’t buy until prices have bottomed out. Tell me when that will be? You won’t know if prices have bottomed out until they start to go up again!

Contact Dena Stevens about buying property around Southern Colorado, Canon City, Florence, Pueblo, Pueblo West and Penrose. I'm happy to help you find the right property!

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About Dena Stevens (719) 369.9087

Putting the ‘real’ into REALTOR since 2004

Ask about vacant land, ranch land or residential properties.

Loyalty and devotion are things buyers and sellers expect from their Realtor as well as the fiduciary responsibility of due diligence. Dena is a certified Ecobroker, focused on sustainability, energy efficiency and the environment and is a Certified Sales Professional from the Association of Home Builders.

Specialties: A client once said “you put the ‘real’ into REALTOR” to me. I took it as a complement and I’ve been using it ever since, I’m a no nonsense kind of person. I’ve been helping people buy and sell real estate since 2004.
Associate Broker
REALTOR
Certified Sales Professional (CSP)
Short Sale Foreclosure Resource (SFR)
Ecobroker
GHSP

The Fair Housing Act is a federal act in the United States intended to protect the buyer or renter of a dwelling from seller or landlord discrimination. Its primary prohibition makes it unlawful to refuse to sell, rent to, or negotiate with any person because of that person’s inclusion in a protected class.

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