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Important Things You Should Know About Land Surveys

May 19, 2023 by Robby Oakes

A land survey is an essential tool that is used to determine the exact boundaries of a piece of land or property. It is often required when buying, selling, or dividing land, and is also important for resolving property line disputes.

Filed Under: Mortgage Tips Tagged With: Insurance, Land Survey, Mortgage

What To Know About Flood Insurance

October 20, 2022 by Robby Oakes

Flooding can happen in any location at any time. Even though many people associate floods with coastal properties, flooding can take place inland as well

Filed Under: Mortgage Tips Tagged With: Flood, Flood Insurance, Insurance

3 Ways To Avoid Mortgage Insurance

October 25, 2019 by Robby Oakes

When you are buying a home, you may run into a number of hurdles to complete the purchase. One of the items that you may be asked to purchase is called private mortgage insurance, often shortened to PMI. This is a unique insurance policy that your lender, such as the credit union or bank, may ask you to buy in order to protect themselves. In this insurance policy, the bank protects themselves against losing money if you end up defaulting on your loan.

Filed Under: Mortgage Tagged With: Insurance, Mortgage, PMI

What Exactly Is Private Mortgage Insurance (PMI)?

October 16, 2019 by Robby Oakes

PMI, which is also called private mortgage insurance, is protect that the lender may ask the buyer to purchase. In the event that the buyer defaults on their home loan and the home enters foreclosure, the lender has a way to recoup their losses.

Filed Under: Mortgage Tagged With: Financing Options, Insurance, Mortgage

What You Need to Know About Mortgage Insurance

February 14, 2018 by Robby Oakes

Homeowners insurance and title insurance may not be the only kinds of insurance you need when you buy a home.

Filed Under: Mortgage Tagged With: Insurance, Mortgage, premium

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