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Home Renovations That Pay Off When it Comes Time to Sell Mortgage Masters Group Click ahead to learn about nine things you need to know if you plan to sell your home this spring. This season is expected to be an extremely good time to be a seller. mean homebuyers can afford to.
The mortgage provider was required under federal law to disclose to you during the mortgage application process whether or not your mortgage may be sold. 2. Selling mortgages is a very common practice and allows for more cash in the marketplace, so that lenders can make loans to more homebuyers.
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Unless you want to pay Private Mortgage Insurance (PMI), you really want to save up for a sizable down payment. PMI is an added insurance charged by mortgage lenders in order to protect themselves in case you default on your loan payments. The biggest problem with PMIs for homeowners is that they usually cost you hundreds of dollars each month.
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