Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • 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.

  • Tips For Buying A Foreclosure

    Are you buying your very first family home? If so, you may have considered buying a home that has been put up as a foreclosure. Foreclosures can provide you with a smooth buying process, while at the same time paying a price you can more easily afford. The process does differ slightly from the traditional home buying process, so you may need some extra information. These tips will help you through the process.

  • Want To Buy An Older Home To Remodel? 3 Things To Keep In Mind

    Purchasing an older home can provide you with the opportunity for a lot of different remodeling projects that can change the way your home looks and ensure that it feels more personal. If you want to make sure that the home is going to be a good match for remodeling work, you need to take your time to see exactly which features are outdated so that you have room to customize the home and make it feel like your own without spending a fortune.

  • Tips For Your First Real Estate Purchase

    Many people find themselves overwhelmed when they start considering their first real estate purchase. There are so many options to look at when looking for a home, it can be hard to know where to start. Making a solid investment in real estate is the key to protecting yourself financially. Here are some tips to help you make your first real estate purchase: Budgeting Budgeting is essential when shopping for real estate.

  • 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.