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Financing Your Home >Mortgage Myths
Nationwide surveys indicate that a large number of potential home buyers count themselves out of the market because of widely-held myths about home financing.
Some of the most prevalent myths include: 1) home buyers need large down payments (more than is actually the case); 2) the loan process works against people under age 35; 3) owning a home is more expensive than renting; and 4) minorities have no chance of getting a mortgage.
The surveys found that many people view the mortgage process as "difficult, stressful, and incomprehensible." Many qualified first-time buyers are unaware of special programs designed to make home ownership affordable to them. The home loan industry is always looking for new ways to dispel these myths because lenders want more business, not less. The alternatives to traditional 20% down, thirty-year fixed mortgages are astonishing. Mortgage brokers are experienced in explaining today's financing and debunking the myths.
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How many steps are there leading to the top of the Eiffel Tower in Paris, France?
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| A |
Visitors who walk to the top must go up 1,792 steps. |
See More Real Estate Trivia > |
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Sher Hann Ewing & Associates Sotheby's International Realty 29020 Agoura Rd., Suite A-2 Agoura Hills, CA 91301 818-466-1267 Fax: 805-244-9238 California DRE License No: 01008580 sherhann@NUMBER1EXPERT.com
Buying or selling a home is one of the biggest decisions you will ever make. Choosing a real estate agent to represent you is another. My unique, client-centered approach means that rather than being a typical high-volume agent, I focus on each and every client. This means I will personally have time for you. I do not rely on a team of assistants you have never met. Instead, my small team is there to help me devote more time to you. 
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