Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Two Key Points To Keep In Mind When Buying A House

    Buying a home is an event in a person's life that is often filled with a great deal of pride. It's no easy feat to be able to make such a hefty investment, and if you're in the beginning stages of home ownership you're likely looking to make sure that you get a home that meets your needs. While the number of bedrooms and bathrooms is certainly tantamount, selecting the right house is about so much more than just aesthetics.

  • Selling Your Home The High Tech Way

    Home selling is not what it used to be; the high tech revolution has managed to influence every aspect of our lives, and that includes real estate. If it's been some time since your last property for sale experience, you may be in need of a quick primer to get you up-to-date and tech savvy on new home marketing, selling, showing and closing practices. Read on to learn more. Droning on and on.

  • Moving? Last Minute Things You Won't Want To Forget To Do

    Selling your home and moving is one of the most stressful events that you will ever have to experience in your life. It is for that reason that you may forget to do important things, especially at the last minute. To help minimize the stress of your real estate transaction, you will want to work with an agent and ensure that all essential tasks are taken care of before moving day.

  • What To Look For When Buying A Condo For Your Retirement Years

    If you're tired of caring for a yard and maintaining a home, then moving into a condo could be a good idea, especially if you're nearing your retirement years. Without all the worry of property maintenance, you have more freedom to travel and be away from home for extended times. Condo life is different from living in a single-family home, and it may take some getting used to. Here are some of the things to look into when you look at condos for sale:

  • Tips For Looking Beyond Decor And Staging While Home Shopping

    If you are looking for a new home and feel overwhelmed by attempts to see past deceptive staging and other people's clutter, then you are not alone. It can be very hard to see yourself in a home that is full of other people's belongings and decorated to their taste. However, by following each of these tips, you can see a house for what it really is: Tip: Look at the Home's Layout Not the Furniture or Wall Coverings

About Me

Do You Need Private Mortgage Insurance?

Welcome to my website. My name is Larry Silva, and I want to talk a bit about private mortgage insurance. You may have heard the term PMI mentioned when you were in the process of purchasing real estate. When I first heard my lender talking about PMI, I was very confused. It was my realtor who sat me down and explained what private mortgage insurance was and when someone is required to purchase it. He told me that PMI is not lifelong insurance; it can be cancelled when the mortgage principal balance reaches a certain point. Once it was explained to me, private mortgage insurance was no longer a mystery or a confusing concept. I would like to pass on what I learned and hope that you find it to be of value.

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