As a home buyer, you want to make your search and the entire process as easy as possible. By following false information regarding buying a home, you can end up accidentally being misled and making not-so-good decisions. Below, you will find some of the more common myths and false beliefs that some may tell you about buying a home .

You aren't a first-time buyer if you have owned a home before – The term 'first time buyer' is a little misleading. Just by listening to the term itself, one would more than likely assume that this means someone buying a home for the very first time. However, anyone who hasn't owned a home for at least three years is considered to be a first-time buyer and therefore entitled to apply for first time buyer loan programs if they wish.

You have to have excellent credit – You don't have to wait until you have achieved an excellent credit score before you can buy a home, although it is a good idea to try to get it as high as you can before you go in for a loan. The better the credit, the better the interest rate, the better your chances of being approved for a higher amount, etc.

It's best to have a home built – Some people may feel having a home built from the ground up is the best way to go and this may be true for those people. However, there are also a lot of perks and benefits that come with buying an existing home. You can move in much faster, you know exactly what you are getting because you can see it in person, you can get a better price, you can go with a move-in ready home, or buy one that needs some repairs so that you can save money and take care of repairs your own way.

It's harder to buy in rural areas – While it may be true that you won't have as much selection to choose from in rural areas, it's not necessarily harder to buy. In fact, you may be eligible for more loans in these areas and you may find that the housing costs are much more to your liking.

You can forego inspections as long as you can tell the house has been taken care of – A house can look wonderful and still have problems hidden beneath the surface. This is why you should always have inspections done before you commit.

You can count on a specific closing date – When you are in escrow things can always happen along the way that causes the escrow to be prolonged and pushes out that closing date. This is why you should always be prepared to stay where you are a little longer, just to be on the safe side.