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Achieving, Preserving, Sustaining

The American Dream of Home Ownership

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Buy or Rent a Home > Homebuying Myths

Homebuying Myths


Homebuyer education debunks three persistent home buying myths

According to research from NeighborWorks America, 90 percent of consumers consider owning a home to be an important part of their American Dream, but nationally, the homeownership rate is falling. That’s because three major misconceptions about what it takes to become a homeowner – down payment, credit and lender approval – are combining to hold back many qualified consumers from taking the first steps towards that dream.

Homebuyer education gives consumers the right information when buying a home. If you are interested in buying a home and want information, call NHS at 216.458.4663.