Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

2 Reasons To Work With A Real Estate Agent When Buying A Home

by Luke Fields

Buying a home is something that most married couples do at some point in their lives, and it is generally a step that is new and exciting. However, because it is so new, it is important that the couple works with someone who can help them make the process enjoyable and successful. An excellent person to work with if you are in the process of buying your very first home is a real estate agent. A real estate agent is going to be in your corner and their main goal will be to find you the exact home that you want. This article will discuss 2 reasons to work with a real estate agent when buying a home. 

They Can Help You No Matter Where You Are

With today's technology, a real estate agent can help you purchase a home no matter where you are. For example, if you currently live in Arizona, but are looking for homes in Kentucky, they can help you out. You can find an agent in the area where you want to buy a home, and they will be able to give you virtual tours, via video phone conversations, of different homes in Kentucky that meet your needs and are within your price range. These home tours are generally very detailed, making you feel as if you are there in person. You can ask any and all questions that you may have during the home tour, which can help you to feel confident that you truly have a good idea of what the homes looks like and if you'd like to put in an offer.

They Are There For Everything

While your real estate agent is of course there to show you different homes, they will be there for so much more than that. They will help you when it comes time to put in an offer, they will be at your house for the home inspection, if you so choose to get one. They will also be there when the time comes for the final walk through of your home. On closing day, they will meet with you, along with your loan officer, to ensure that you understand what is going on and that things go as smoothly as possible. Knowing that you have someone in your corner for the entire home buying process really can help you to feel like you aren't alone and that you always have the help that you need.


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.