Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Why Real Estate Investors Need Personalized Real Estate Agents?

    As one of the most successful industries globally, it's no surprise that many investors choose to venture into real estate. But to succeed, you need a real estate agent who will ensure you invest in profitable properties. Personalized real estate agents find out what investors' needs and goals are, and use this information to establish customized portfolios for them. When the real estate services are tailored to your specific needs, you have a higher chance of flourishing.

  • Why You Should Sell Your Home During A Seller's Market

    When it's a seller's market, it's time to think that you should sell your home. A seller's market is where there is a larger consumer demand for housing than there are houses on the market. Often driven by a healthy economy and lower interest rates, people clamoring to buy a home when they couldn't afford one before makes a home for sale more desirable than ever. When you sell your home during a seller's market, you benefit in many ways.

  • A Real Estate Agent Makes Buying Your First Home An Easier Process To Go Through

    Buying a new home for the first time is an exciting and somewhat scary experience. However, when you work with a real estate agent looking out for your best interests, you can make the big financial decision with peace of mind. Here are a few tips for working with a real estate agent to buy your first home. Look For An Agent When You're Ready To Buy Real estate agents usually work on commission.

  • 4 Important Tips For Creating A Successful Home Listing

    When you list your home for your sale, your home listing matters. Your home listing is how you communicate with the world that your home is for sale; it is your calling card, and if you want to sell your home quickly, you need to create an engaging listing. #1: Don't List Your Home As-Is Selling a home isn't like selling a car. Listing your home as-is can be really damaging to your ability to sell your home.

  • New Home Construction Choices That Will Lower Costs Later On

    When having a new home designed, many people focus on the upfront cost of the home. They choose materials that fit their budget. They size the home based on their budget. And they choose finishes and appliances that they're able to afford. None of these strategies are wrong, but if you're only focused on up-front costs as you design your new home, then you are missing out on another opportunity to save.

  • 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.