Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Four Tips For Selling Your Townhouse

    If the time has come to move on from your townhouse, you'll need to put it on the market. But there are some intricacies to selling a townhouse that make the process slightly different from that of selling a freestanding, single-family home. Here are a few tips to ensure the process goes smoothly and you find a buyer promptly. Work with the right agent. Look specifically for a real estate agent who has experience selling townhomes.

  • Tips On Pricing Your Home For Sale

    Pricing a home for sale is a tricky thing to do, because there is no exact right answer. Instead, the decision depends on how you value certain factors. Here are some things to consider when you're pricing your home. How Badly Do You Need to Sell? First of all, your own motivations can affect whether you go low or high when pricing your home. If you need to sell soon because you want to buy other property or need to move, consider how much value there could be in lowering the price a few thousand dollars or making other concessions to your buyers.

  • 3 Things You Can Do To Reduce The Selling Price Of Your New Home

    Negotiating the selling price of a home is part of the process, and a great way to help you as the buyer get the best deal possible. Simply throwing numbers out may not be enough to budge a seller, but certain techniques can. Here are 3 things you can do to lower the asking price on a home you desire so you can stick closer to your budget. Remove add-ons from the sale

  • Tips For Saving Money When Renting A Luxury Apartment In The City

    If you have decided to rent a luxury apartment through a place like Citi Locating, then it is important that you know how to find the best apartment to meet your family's needs and budget. Since luxury apartment buildings vary greatly in the amenities they offer, you should think hard about which amenities you want and those you would prefer not to pay for on a monthly basis. Once you have decided what you want from your new apartment building, then you should follow these tips to save yourself some cash:

  • Downsizing For Retirement? 5 Tips To Make It Smooth Sailing

    Are you approaching retirement and thinking of moving into a smaller home far away? To be sure, you've got a lot of decision-making to do right now—not the least of which is how much to downsize and where to move. If this describes you, here are 5 key tips for finding the right new place. Don't Feel You Must Leave. Downsizing doesn't necessarily mean you have to pack up and head to Florida.

  • 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.

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