Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Interested In Buying A Foreclosure? This Mortgage Could Be Just Right For You!

    With the current real estate market favoring sellers, prospective buyers in many areas are facing difficulties in finding a move-in ready home that fits both their needs and their budget. With competition high for the best listings, many of which see offers within hours of being placed on the market, many buyers are left with choices that made up primarily of distressed or foreclosed homes, or those in need of updating or renovating to meet their needs.

  • Tips For Improving The Curb Appeal Of A Townhouse

    When you're trying to sell a townhouse, the process is similar to selling any other piece of real estate. However, there are some unique aspects to townhouse living that need to be emphasized and addressed as part of finding the right buyer for the townhome. When you're trying to improve the curb appeal of your townhouse to impress potential buyers who come to an open house or showing, follow these tips.

  • Single, Double, Or More: Choosing Your Mobile Home Size

    Looking at new mobile homes for sale is exciting. You're getting the latest building technology in an affordable and attractive package that's going to last for years. But along with choosing the features you want, you have to look at the size. Mobile homes are most often found in singlewide and doublewide sizes; singlewides are narrower and shipped in one unit, while doublewides are slightly wider, much longer, and shipped in at least two units.

  • 3 Benefits Provided By Selling Your Home For Cash

    Companies offering cash for real estate are becoming much more common, which can be a good thing when you consider all of the benefits that selling your home for cash can provide, such as the ability to sell your home quickly. Listed below are three benefits provided by selling your home for cash. The Sale Is More Likely To Go Through One of the biggest benefits provided by selling your home for cash is that the sale is much more likely to go through.

  • 2 Ways To Get Your House Ready For Sale

    If there is a pretty good chance that you are going to be selling your house in the near future, you probably want to start prepping your house early. That way when it comes time for the actual sale, you are ready for people to come and look at your house and possibly buy it.  Embrace Neutrals You want for people who come into your house at viewings or open houses to look at it and think, "

  • 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.