Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Reasons To Buy Your Next Home In A Gated Community

    If you're ready to start looking for a new home, you'll have several different types of communities to consider. You may want to give a gated community a close look, whether you have a growing family or you're looking for a retirement community. You can find gated community homes for sale in a wide range of prices, so it's easy to find something for your budget, whether you want to buy a luxury home or a condo.

  • 3 Reasons Your Utility Company Needs A Live Answering Service

    If you are involved in the ownership or management of a utility company, you may want to consider paying for a live answering service. You may have heard of doctor's offices and many other businesses using live answering services, but you might have never thought about using one of these services for your utility company. Your utility company could potentially benefit from a live answering service for these reasons, though.

  • How Real Estate Agents Help Homeowners Rent Out Their Houses

    Most real estate agents focus primarily on helping people buy and sell houses, but did you know that you can always turn to a real estate agent if you need help renting out your house? If you are a homeowner and decide to buy a second home to move to but want to keep your first house as a rental property, you could contact a real estate agent for help with this.

  • In A Seller's Market: How To Find A Home You Love

    When the real estate market is favorable to sellers, this means that a buyer has to be ready to make an offer fast. While you can still find a great home that is perfect for you, it's important to have all of your finances in order before you start looking. As you visit houses for sale, you will want to know if you can make a full offer on the home or not.

  • Thinking Of Moving To A Senior Apartment? Factors You Should Think About When Selecting A Complex

    Once your kids leave the nest and you have retired from your job, you may be thinking about selling your home and downsizing your lifestyle. Living in a senior apartment ensures you don't have a yard to take care of, a house to maintain, or a large space that is mostly empty to clean, heat, and cool. But before you sign a lease, there are a few key factors that you should consider when you are picking a senior apartment.

  • 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.