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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 longest wall?
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| A |
The Great Wall of China, at a length of 2,150 miles, nearly three times the length of Britain. |
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'Lela' Ashkarian P.A. CRS, e-PRO. GRI Coldwell Banker Schmitt Real Estate 11050 Overseas Highway Marathon, FL. 33050 Direct: 305-395-0814 Mobile: 305-395-0814 Toll Free: 800-366-5181 ext 6492 eFax: 305-946-7771 Voice Mail: 800-366-5181 ext 6492 Email: lela@coldwellbanker.com Email: lelasells@bellsouth.net email: 395.0814@305.ac
My purpose is to help buyers and sellers Making Their Dream a Reality! To Live and Work in a prosperous environment in The Heart of Florida Keys and Key West that encourages productivity, to that we may improve the service we render to our family, friends, company, our community, our nation and, ultimately, the World.
By The Way!
Why is that immigrants to the United States succeed and become self-made millionaires at four times the rate of native-born Americans on a per-capita basis? and the simplest reason of all, aside from the fact that they had to have more ambition to leave their home to come here, is that they come here with a blank slate...is they come here, and they say, "Now, I'm starting all over from nothing." Many of them come here penniless, with no friends, no contacts, no ability to speak English. They have no education. They have no background. they start with nothing but a blank slate. and what they do is they say, "Now, I'm in the land of dreams. What is my dream?" (Brian Tracy). Does this resonate with you? it does with me! Now what is your dream?
Thank You. Lela
p.s. People don't mind trading information for good value. Please feel free to leave your email and phone number where I can communicate with you effectively. 

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