All Entries in the "Real Estate" Category
Why have roommates?
Today, I am going to address a question that has been asked to us a million times.
Why do we have roommates?
Why share your home? Why would you want to do that? Why would you want to have to clean up after someone else or their pets? Why?
It really may not make any sense [...]
PMI- Private Mortgage Insurance
When applying for a loan and considering “buying” points, you must consider all of the costs associated with your loan, PMI may be one of them.
PMI stands for Private Mortgage Insurance. It is mortgage insurance usually paid by the borrower to protect the lender.
PMI is required by lenders when you mortgage loan-to-value (LTV) is higher [...]
Mortgage Loan Discount Points
Last week I had a close friend ask to for me to explain whether or not it would be worth it to them to pay points on his new mortgage loan. I thought that I would relay the message, that I prepared for him, to you.
A mortgage discount point is simply prepaid interest. A point is 1% of [...]
