There are so many small details involved in the final sale of a home that it can be easy to forget about all the things that need to be done. While you won’t be able to forget about a home inspection, a pest inspection can be every bit as important before you sign on… Continue reading Investing in a New Home? 3 Reasons You Can’t Skip the Pest Inspection
It’s easy to get Private Mortgage Insurance (PMI) confused with homeowners’ insurance, but PMI is an entirely different thing that may or may not be necessary when it comes to your home purchase. If you’re going to be investing in a home soon and are wondering what PMI may mean for you, here are… Continue reading You Ask, We Answer: What Are the Pros and Cons of Private Mortgage Insurance?
The Department of Housing and Urban Development recently announced that the FHA mortgage insurance premium cut has been put on hold for the time being. However, many potential homebuyers do not know what this indefinite suspension means for their mortgage or their financial well-being down the road. Whether you’re on the market or are going… Continue reading The 2017 FHA Mortgage Insurance Premium Cut is On Hold: Here’s What You Need to Know
If you’ve been perusing the real estate market with the hope of purchasing a home, you may be aware that the often-touted amount you should put down is 20 percent. However, there are good things and bad things involved in investing so much money into your new home. If you’re wondering how to decide on… Continue reading The Pros and Cons of Using Your Savings to Make Your Full 20 Percent Down Payment
Finding a proper mortgage loan and understanding the processing procedures behind the loan is the basis of good research. The down payment on a mortgage loan is typically significant when dealing with mortgage insurance. Most loan applications with less than 20% down payment are required to include mortgage insurance with the loan. However, mortgage insurance… Continue reading Do You Need Mortgage Insurance Even if It’s Not Required by Your Lender? Let’s Take a Look
A fire can rage through your home at a moment’s notice, and it can cause a significant amount of damage in a very short period of time. Damage from the flames, intense heat, smoke and soot can cause tens of thousands of dollars or more in some cases, and a severe fire event can result… Continue reading How Safe is Your Home from a Fire? Learn How to Run a Quick Fire Safety Assessment