Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • 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, "

  • Tips For Buying Your First Piece Of Land

    Buying a piece of land for sale to build your commercial or residential property on is a great way to get started with real estate. You will be able to build exactly the property you wish to own, and you'll know that you don't have any maintenance issues to start out with. But buying land is a bit different from buying an existing piece of property. Here are some tips to start out your search.

  • Why Your Agent Is So Particular About Wording

    If you're getting ready to put your house on the market, your real estate agent is going to compose a text for your house's real estate listing. This is not a quick process, and your agent will likely ask you for a lot of detail about your house even after he or she has seen the interior and exterior. There's a reason for all that care: The listing is crucial in getting your house to sell.

  • 3 Tips For Getting Creative With Your Open House

    As a general rule, and unfortunately, open houses can be a hit or miss. They may work to your advantage and they may not. It is for that reason that some homeowners and real estate agents actually choose not to even mess with open houses anymore. However, it is better to host an open house than to not have one at all because you will almost always entice someone to put in an offer on the home.

  • 4 Ways To Improve The Appeal Of Your Home's Entryway When Selling Your House

    While the outside of your home is the first impression buyers will develop when they see your home, but the entryway is the first indoor image and impression they will get when they walk through your front door. If you want to impress potential buyers, you may want to make some changes to your entryway so that it looks as good as possible to people who come to see your house.

  • 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.