Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Have A Better Time Selling Your Home By Renting A Storage Unit Before Listing

    In most cases, selling a home comes with a lot of preparation. It might be normal for you to de-clutter every few months as more items find their way into the home. But, when you are selling a home, you always want to be showing off a clean place, which means you need to take a different approach. Renting a storage unit helps you impress buyers by making it easier to keep the home attractive and organized.

  • Two Reasons Why You Should Buy Rental Property

    If you've come into some extra money and are looking to invest it, you have a number of options at your disposal.  You can choose to put it an interest bearing account, buy gold or silver or choose from a host of other alternatives.  However, if you want to get a worthy return on your funds it might be a better idea for you to purchase a piece of property and rent it out.

  • 3 Steps In The Mold Inspection Process

    If your house has had some water damage, then there is the chance that you may have some mold hiding. Moisture is sneaky and get into a lot of different places, making it easy for you to miss getting some places clean, especially behind walls or in ceilings and floors. Mold may be hard for you to find, so you may not even know that you have it until it becomes a serious problem.

  • Why And How To Negotiate Closing Costs When Buying A House

    When a house sells, it is typically the seller that pays the real estate commission and the buyer that pays the closing costs. If you are about to purchase a house, you might be able to save some money on the closing costs, though, but it would require some negotiating. Here are several tips to consider using that may help you save some money on the closing costs you are required to pay when buying a house.

  • 4 Tips That May Help You Sell Your House Faster

    When you meet with an agent to list your house, the agent is likely to give you some tips, advice, and suggestions designed to help you sell your house faster. Here are four great tips agents commonly offer that help homes look nicer and more attractive to those that come to see it. Empty out your closets The first tip to consider is cleaning your closets out to the point where they are only half full.

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.

Tags