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pmi and shorts sales foreclosures home sales gwinnett realtor: Why Does PMI not pay off the Short Sale - 06/30/09 10:50 AM
The Problem of PMI and Short Sales
 A lot of short sale investors become very confused as soon as PMI is mentioned. PMI or Private Mortgage Insurance is that monthly fee many homeowners pay each and every month for what appears like no apparent reason (in their opinion). Of course, there was a reason for it and if you are contemplating a short sale deal, that reason was a valid concern. PMI was created for the express purpose of insuring against default by home buyers that didn't put at least 20 percent down when purchasing a home. The idea was simple … (2 comments)

 
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Eric Reid

Lawrenceville, GA

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Renaissance Realty Group

Address: 162 East Crogan Street, B, Lawrenceville, GA, 30046

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Welcome to Renaissance Realty Group Blog hosted by Eric Reid. This Blog will provide you with valuable information, tips, and general insight into Real Estate and all things related to Real Estate.
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