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PMI: A guide to understanding private mortgage insurance

The common recommendation for homebuyers is to give 20 percent of a home’s price as an initial down payment. However, producing 20 percent isn’t always required. However, that’s where private mortgage insurance, or PMI, becomes relevant. What is PMI?  PMI is a type of insurance used by lenders to protect ...

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Understanding home improvement loans & how they work

Home improvements and renovations can be costly. Securing a home improvement loan is a great way to obtain financing for your home improvement project. There are many home improvement financing options available on the market. The typical rate of these loans land around 3 percent to 36 percent. Comparing the ...

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Tips for Home Sellers: How to Deal with an Aggressive Buyer

A home seller may dread the thought of dealing with an aggressive property buyer, i.e. an individual who submits many requests for property improvements or price reductions prior to the closing of a home sale. Fortunately, we’re here to help you take the guesswork out of dealing with an aggressive ...

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