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Buying Your First Home? 2 Things To Have Checked Out First
If you are planning to buy your first home, this is an exciting time. You do, however, need to make sure you get into the right home that will not cause you any problems, such as repairs that have to be made. To keep this from happening, below are two things you should check out before you sign your name on the dotted line: HVAC Unit An HVAC unit is expensive to replace, so ask the current homeowners when their unit was installed.
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What Can You Do About A Lien Before Selling Your Home?
For most homeowners, preparing to sell their home means making repairs and looking for a new home. For some homeowners, it could mean having to settle a lien. If you have a lien against your home, here is what you need to know about its impact on your ability to sell your home. What Is a Lien? A lien can put the sale of your home on hold. The lien is placed on your home when you have an unpaid debt.
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3 Tips To Narrow Down Options When Buying Your First Home
Buying your first home can be an exciting process, but the long list of available properties can make the process physically, emotionally, and financially overwhelming. Even if you have a general idea of the location you want to live, the search for real estate property can be challenging. Fortunately, this guide and the help of professional agents can help you narrow down the long list of properties to ensure your first home purchase is a smart one.
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Buying A Luxury Home
Buying a luxury home can be a very exhilarating experience, but it can also be a terrible experience. The type of experience that you have shopping for and buying a luxury home is going to depend a lot on how you go about shopping for and buying your home. There are a few things that you can do that will make the process go by much more smoothly. Here are a few tips for when you are looking at luxury homes for sale.
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Veterans: Is It Worth Getting A VA Mortgage?
If you are a veteran or active service military member, you are eligible for a type of mortgage known as a VA mortgage. Basically, this is a mortgage that is issued by a private bank, but backed by the Veterans Association. But just because you're eligible for a VA mortgage does not necessarily mean it's the best choice for you. Some buyers are better off going with a conventional mortgage. Here's a look at the pros and cons of taking out a VA mortgage.
About Me
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.