Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • What Takes Place During A Home Appraisal When Selling Your Home?

    So, you're selling your house. That's exciting, but it will likely require some steps before you transfer the title from your name to the buyer's name. One such step is a home appraisal. If you haven't gone through an appraisal for some time, you might have questions about how it's done. If you have questions about the real estate appraisal process, you're in the right place. Here is a breakdown of the steps that occur during a home appraisal.

  • 5 Ways Real Estate Agent Referrals Help Sell Faster

    A real estate agent referral program is one of the most reliable ways to provide quality leads to your clients. If you want to build your real estate agent business, you need to find and work with reliable and reputable agents that can help you grow and expand your business. The real estate agent referral program helps you do this by providing a solid lead that has been thoroughly scrutinized for quality.

  • Helpful Tips for Those Buying New Manufactured Homes

    If you prefer to live in a new home — but you don't have the funds or desire to have a home custom designed and built — then you may want to look into manufactured homes. These homes are already designed and made. They're put up for sale, generally by the company that makes them. If you order a home, it will be delivered in pieces or parts and then assembled on your land.

  • Top Things To Consider When Renting A Two-Bedroom Apartment

    If you are looking for a two-bedroom apartment for rent, there are a few things you need to consider first. In order to find the right home to fit your needs and budget, do a bit of research ahead of time. You don't always have to stay in the neighborhood you are familiar with to find something you will like. It's possible to find a good two-bedroom apartment rental a little further away.

  • Recommendations To Help You Search For And Purchase A Home

    The process of buying a home is a detailed process that starts with your mortgage approval, then the home selection process with your real estate agent, followed by contract negotiations and closing the transaction with an attorney or title company. The following provides you with some tips and recommendations that you can use as you search for and prepare to buy a home this winter. Evaluate the Market Anytime you enter a market to make a purchase, especially a large one, you can complete some research to help you understand the recent sales, prices, and market activity.

  • 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.