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DeDe Forwood - REALTOR® e-PRO®

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Nearly ¼ Of Homeowners Purchase Property With Less Than 5% Down

Nearly ¼ Of Homeowners Purchase Property With Less Than 5% Down

A lot of potential home buyers think that in order to successfully buy property they need to save up a sizeable down payment of 20% of the purchase price—and that until they have that down payment in the bank they can’t transition to homeownership.

But the “20% down payment myth” just isn’t true. Thanks to a variety of lending options, there are plenty of buyers out there purchasing property with far less than 20% down.

According to recent research from Zillow, 24.2% of buyers put down 5% or less when purchasing their homes. That’s nearly one in four buyers on the market!

The Takeaway
According to this data, it’s not only possible to purchase a home with a down payment of 5% or less, it’s also extremely common. So if you’ve been putting off buying a home until you have a 20% down payment in the bank, it might be time to rethink your strategy—and finally make your dream of homeownership a reality in 2019.

Want to find the home of your dreams?

And also get it at the best price possible? Then download your free copy of this guide: The Ultimate Home Buyer’s Guide

Send it To Me!

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DeDe Forwood

My name is DeDe Forwood, I am a Phoenix Real Estate Agent with HomeSmart. I traveled for 20 years in the entertainment industry as a Project Manager/ video engineer in major event operations.. After being on the road for so long, becoming a Phoenix Realtor® seemed like the perfect fit for my experience, attention to detail, love of helping people, and my passion for Phoenix! My background in project management and event operations is actually an amazing fit with Phoenix real estate. I'm someone who is both organized AND passionate about all things buying and selling homes in Phoenix.  My area of expertise is the Phoenix historic neighborhood districts, midtown, downtown and the central corridor. LISTING WITH ME, you get the passion of someone who is all about the digital age in real estate. With the tech-savvy experience of a digital marketer,  I offer my clients the cutting edge of technology that changes constantly, attention to detail, professionalism, fairness, honesty, integrity, and enthusiasm. BUYING WITH ME as your buyer's agent, you get every digital advantage to find listings quickly, the energy to go see them quickly. LOOKING TO RENT A PROPERTY?  Let me search for you! We can find the perfect place, together! I've got the passion that only a customer service nerd can have, a love of all things real estate in Phoenix, the project management, and engineer's brain, and the tech-savvy-ness of a digital marketer.  Let's get you HOME!!

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