Month: August 2023

  • The five-year rule risk for first time homebuyers

    The five-year rule risk for first time homebuyers

    Dear Monty: I am writing to tell you my story. Please share it in your column to warn others. I know how the Five-Year Rule works because I lost my entire down payment. When we bought our home about three years ago, no one we dealt with mentioned the Five-Year Rule. Our real estate agent,…