Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Things To Clarify Before You Buy A Condo For The First Time

    Condo living provides an extensive array of benefits, but if you're contemplating making the jump from a traditional house to a condo for the first time, it's important to clarify some things while looking at condos for sale. You should note that the rules for condo residents can differ among properties; while local bylaws provide an overarching structure that condo boards must follow, individual buildings can enforce different rules on their residents.

  • Don't Get Cold Feet: 5 Tips For Selling Your Home During The Winter Season

    If you've postponed selling your home during the winter months, you don't have to be challenged by cold and snowy weather. If you play it smart, you might find that selling your home during wintertime works to your advantage. There are several ways to prepare for a winter home sale. Keep the following tips in mind when showing your home in winter: 1. Winterize Your Home Beforehand If you want to make a great cold-weather impression on prospective buyers, you need to winterize your home.

  • The Sneaky Secrets Every Antiquated Home Seller Should Know

    To you, your home is just plain old. It is no longer the house you want to call home and you are more than ready to move on to something more modern and updated. As the owner of an older home, this puts you in an odd predicament when you decide to sell. You will be faced with making sure buyers see the home as more than just any old house.

  • Issues And Solutions With Cheap-And-Fast Real Estate

    If you are interested in rehabilitating an older block of homes or if you want cheap land in order to buy build a home, you may be looking for a cheap deal. In some cities, there are homes in foreclosure or in various states of disrepair available for pennies on the dollar. Being able to purchase these deals can mean a good break for your rehabilitation business or building your own home.

  • Five Tips For Moving Out On Short Notice

    In an ideal world, you would always know several months in advance before having to move so that you had plenty of time to plan and pack. But sadly, in the real world, there are times when circumstances dictate that you only have a few short weeks or days to get out of your apartment and into a new place. If you're in this situation, the following tips will help you make your last-minute move without losing your mind -- or your sofa.

  • 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.