The real estate market can be intimidating for those who are unfamiliar with its processes. Buying or selling a property requires an extensive knowledge of the industry and a set of skills that only experts possess. That's why people seek the help of a professional realtor - someone who has a deep understanding of the market and can help them navigate through the complex process with ease. In this blog post, we'll take a closer look at what a realtor is and why they are important when it comes to buying or selling a property.
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.