Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Gun Safe Mistakes to Avoid To Get the Most Out of Your Safe

    When you purchase and use a gun safe, you are making an important move to protect your family members and anyone else who enters your home. A gun safe, when used properly, prevents someone from accessing your gun when they shouldn't, leading to fewer accidents and fewer thefts of firearms. However, some people make mistakes when buying and using their gun safes, rendering them less "safe" than they could be. Make gun safety a top priority by avoiding these mistakes.

  • Interested In Buying A Foreclosure? This Mortgage Could Be Just Right For You!

    With the current real estate market favoring sellers, prospective buyers in many areas are facing difficulties in finding a move-in ready home that fits both their needs and their budget. With competition high for the best listings, many of which see offers within hours of being placed on the market, many buyers are left with choices that made up primarily of distressed or foreclosed homes, or those in need of updating or renovating to meet their needs.

  • Tips For Improving The Curb Appeal Of A Townhouse

    When you're trying to sell a townhouse, the process is similar to selling any other piece of real estate. However, there are some unique aspects to townhouse living that need to be emphasized and addressed as part of finding the right buyer for the townhome. When you're trying to improve the curb appeal of your townhouse to impress potential buyers who come to an open house or showing, follow these tips.

  • Single, Double, Or More: Choosing Your Mobile Home Size

    Looking at new mobile homes for sale is exciting. You're getting the latest building technology in an affordable and attractive package that's going to last for years. But along with choosing the features you want, you have to look at the size. Mobile homes are most often found in singlewide and doublewide sizes; singlewides are narrower and shipped in one unit, while doublewides are slightly wider, much longer, and shipped in at least two units.

  • 3 Benefits Provided By Selling Your Home For Cash

    Companies offering cash for real estate are becoming much more common, which can be a good thing when you consider all of the benefits that selling your home for cash can provide, such as the ability to sell your home quickly. Listed below are three benefits provided by selling your home for cash. The Sale Is More Likely To Go Through One of the biggest benefits provided by selling your home for cash is that the sale is much more likely to go through.

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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