Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • 3 Plumbing Issues To Inspect When Looking For A House To Buy

    If you are looking for a home to purchase, you may want to start by hiring a real estate agent to help you locate homes for sale in your area and within your price range. As you look at these homes, you may want to take a closer look at the plumbing systems in each one, especially if you are not planning on getting a home inspection. Unexpected plumbing issues can cost thousands of dollars to repair, but you may be able to avoid this if you know what to look for.

  • Coming Up With Your Initial Offer When Buying A House

    Buying a house is a difficult process filled with tricky decisions. One of the most important--and misunderstood--decision in this process is your initial offer to the seller. Sure, you could make things easy on yourself and just pay the seller's asking price. In fact, that's the correct play in certain situations. However, in other circumstances, it's a costly mistake. That makes knowing how to create your initial offer critical to getting a good deal.

  • Should You Purchase Out-Of-State Rental Property?

    Whether you're relocating to another state and plan to put your home into rental service, or are simply exploring the idea of investing in rental property across state lines, you may be wondering about some of the potential advantages and pitfalls of being a long-distance landlord. Read on to learn more about some of the specific situations in which managing your property from out-of-state can benefit you, as well as situations in which you may be better off investing in real estate closer to home.

  • 3 Forms Of Pest Control That Won't Endanger Your Children

    Your home is where both you and your children spend the majority of your day. For this reason, you want to do everything you can to eliminate the nasty pests you occasionally see crawling around your home. However, you want to be able to do so without putting the wellbeing of your children at risk. If used correctly, these three forms of pest control will allow you to reduce your property's pest population without any threat of accidental poisoning or injury.

  • Protect Your Career Counseling Center By Shredding Clients' Document

    Few people place career counseling centers in the financial industry. They help people find jobs, not loans or investments, after all. A number of career counseling centers meet the Gramm-Leach-Bliley (GLB) Act's definition of a financial institution, however. These centers are required to protect their client's personal information, as set forth in the Act. If you run a center that meets the Act's definition of a financial institution, protect both your clients and your organization by hiring a commercial shredding company.

  • 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.