mortgage insurance: You Can Never Have TMI about PMI - 11/16/16 01:38 AM

You Can Never Have TMI about PMI  Wednesday November 16th, 2016  First Time Home Buyers, For Buyers, Move-Up Buyers   When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI)about Private Mortgage Insurance (PMI).
What is Private Mortgage Insurance (PMI)? Freddie Mac defines PMI as:
“An insurance policy that protects the lender if you are unable to pay your mortgage. It's a monthly … (0 comments)

mortgage insurance: Mortgage Insurance - Is it a Scam? What does it really cover? - 04/02/09 07:22 AM
I have a homeowner (condo) and this is her primary residence, and it is in foreclosure. Pay off is roughly about $300,000. The offer is for $195,000 - CASH. Which by the way is about 10,000 under fair market value - of course that is reason for a whole new blog - what is fair market value when you 848 active listings, with only 13 sales last month? Needles to say I think this is a very good offer and I let the bank know this also.
Here is there response to me - by the way the names have been changed to protect … (6 comments)

 
Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island (Kona Home Team (luva llc))

Kona Home Team (LUVA LLC) Lance Owens (RB-24133)

2024 Real Estate Expert - Hawaii Island

Kailua-Kona, HI

More about me…

Kona Home Team (luva llc)

Address: 75-240 Nani Kailua Dr #8, Kailua Kona, HI, 96740

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Luxury Real Estate Sales, MLS Hot sheet, News, Market Reports, for the Kailua Kona area, West Hawaii, Mauna Lani, and Waikoloa Beach Resort areas.


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