In this short video, Dave Kosmecki explains the basics on Mortgage Insurance. What is it? Why is it necessary? Who pays for it? Based upon my 27 years of experience, I see so much confusion about mortgage insurance. I also see people doing everything possible to avoid it. Mortgage insurance now
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04/01/2008
In this video, Dave Kosmecki explains what an "REO" is. He describes the pros and cons to purchasing an REO. REO or bank owned property can be a real value but Buyer beware! When you consider this type of purchase, be sure to get expert advice on condition. Based upon my 30+ years of experience
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04/01/2008
In this short video, I explain the confusion about "NO COST LOANS". All mortgages have closing costs. The "no cost" option really refers to who pays the closing costs. No Cost Loans can be a "good deal" in some cases. In other cases, it's a bad deal. The question that determines what's right for
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04/01/2008