Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • The Extra Costs To Plan For When Purchasing A Home

    One of the most important things you can do when buying a house is budget properly for the purchase. While most people are good at sticking with a budget amount for the cost of the house they buy, a lot of people forget to factor in all of the extra costs associated with the purchase of a house. If you are trying to protect your budget, you should figure in the following extra costs most people pay when buying a house.

  • Experts You May Need To Hire When Buying A House

    The amount of money you spend to purchase a house is probably the most money you will ever spend on anything you buy. Because of this, it is important to not only take your time throughout the process, but also to hire the necessary experts you need to help you through this major purchase. While you may not need all of these experts, you may need some as you begin working on the steps needed to buy a house.

  • 4 Differences Between Renting An Apartment And A House

    If you need a place to live and are not ready to buy a house, you could choose to rent either an apartment or a house. Both are good choices, but there are some differences you will encounter with each option, and it is important to understand what these are before you choose one or the other. Here are four of the main differences you should expect between a house and an apartment.

  • Cannot Find The Right Home To Buy? Look For Pocket Listings

    There are times when people are out looking for a home to buy but cannot seem to find any that meet what they are looking for. If you have been looking for a home to buy for many months now and cannot find one that really works for you that you love, you could ask your real estate agent about pocket listings. The Definition of a Pocket Listing In real estate, pocket listings refer to homes that are for sale but are not listed on the MLS.

  • Tips And Recommendations To Help You Sell Your House

    Are you wonder, "How can I sell my house?" If so, the following can help. The home selling process should include specific strategies to get your home noticed to attract the right buyer and sell for a fair price. Within this process you should follow proven strategies for a quick sale, which your realtor and other professionals can help you with. Here are some recommended tips to help make sure your home sells as quickly as possible.

  • 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.