Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • What Your Realtor Really Wants To Know About You

    Whether you are buying a house or you're trying to put yours on the market — or you just want to see what income potentials are out there in real estate — your Realtor is the person who is going to help make the most of your real estate venture. What your real estate agent wants is a great Realtor/client relationship with you, and in order to achieve this, they need to know some things about you.

  • Get To The Bottom Of A Home's Condition And Value

    As a home buyer, you want to compare potential homes on an equal basis. This allows you to decide which home best meets your needs for the best value. But since sellers understandably want you to see the best side of their home, the homes you look at are likely to be dressed up with fresh paint and maybe even home staging. So how can you get to the bottom of what condition the home is really in and how much it's really worth to you?

  • What To Know About Buying A Split Level Home

    Have you been looking around for a single-family house for sale and have started seeing a lot of split level homes? If you are not sure if a split level home is right for you, it helps to consider the following things about this style of house. Split Level Homes Can Be More Affordable If you are looking to purchase a home with a small budget, know that these homes are generally more affordable.

  • What Should You Do Before You Buy A New Construction Home?

    For so many people, it is a dream to buy a home and then be the first person to live in it. Buying a new construction home allows you to do exactly that. If you are thinking about buying a new construction home, there are a few factors to consider. The following is what you should know before you buy a new construction home. Educate Yourself About the Process First, you need to educate yourself about the buying process.

  • How Home Inspectors Put Money In Your Pocket As Home Buyer

    Before you buy a home, you should have home inspectors give the property a look. Whether your potential new home has an issue that the real estate agent or the current homeowner has missed or you just want peace of mind knowing you're going to get a great house that won't incur sudden or expected costs down the road, a home inspection is worth great value to you. Home inspectors can even help put money back in your pocket as a home buyer, even as they cost around $400 or more to do the work.

  • 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.

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