Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • 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.

  • Tips To Help You Search For An Apartment Home For Rent

    Spring is a popular time to make a household move. When you are looking to rent an apartment, there are some details you will need to consider before moving day. Here are some recommendations to help you in your upcoming search for an apartment to rent. Look at Your Budget One of the first things and more important details of your apartment search is to look at your budget and your finances upfront.

  • 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.