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Real Estate Tips
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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Real Estate Trivia
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What is the world's most valuable piece of furniture?

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The 18th century Italian Badmiton Cabinet owned by the Duke of Beaufort sold in 1990 at Christie's, London for $15.1 million dollars.
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The Results Realty Team, REALTOR®, real estate agent and broker for Clarkston, WA, Lewiston, ID and Asotin, WA, Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

The Results Realty Team
Results Realty

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Results Realty is a full service professional real estate company founded in 1996 by Broker/Owner Cindy Perttu. Working together as a team, the agents at Results Realty are dedicated to providing Superior Service to our clients at all times.

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