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Mortgage myths that make home ownership painful
Investing in a home often involves securing a mortgage loan, with a finance agent helping to manage the business and property aspects of the home to ensure the best use of your money.
Mortgages, often the most accessible path to homeownership, are still widely misunderstood and underused in Kenya. Many misconceptions, such as perceived complexities and financing concerns, contribute to a general reluctance to explore mortgage options.
These myths can create unnecessary hesitation, causing many to abandon the goal of owning a home. A common belief is that homeownership is prohibitively expensive and limited to the wealthy, which restricts broader participation in the housing market.
