Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

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    If you are in the market to purchase a plot of vacant land, you are going to want to do some investigating before you purchase the land in order to ensure that you will be able to use the land how you want to. #1 Zoning The very first thing that you need to do is figure out what the zoning classification of the property is. You can find out this information by calling your local planning and zoning department.

  • Finding That Perfect Apartment Rental Before You Arrive In A New Area

    People move a lot these days. Sometimes it is to be close to family, sometimes for work, and sometimes just because they want a change. No matter the reason, one of the toughest parts of moving is finding that perfect apartment or rental before you arrive in the area. In some cases, alternative housing is the first step but there are things you can do to simplify the process. Searching The Classifieds

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    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.

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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