Posted by NewBuyer on December 14, 2009 | No Comments
As the title of the resource suggests, see five helpful tips for saving money on homeowners insurance. Learn the importance of analyzing your home insurance policy annually with your agent, identify the risks that require a separate policy or rider such as floods and earthquakes and review how much coverage you have based on replacement costs. Make sure to shop around for the best home insurance rates comparing identical coverage, obtain references from people you know and research the financial stability of each insurance carrier.
Source: Generation X Finance
Read More About Saving Money on Home Insurance at Newbuyer.com
Posted by NewBuyer on December 14, 2009 | No Comments
An easy-to-use calculator giving you your monthly principal and interest amount, PMI rate, PMI amount and your total monthly payment. Input the following: new home price, down payment amount, interest rate and mortgage term in years.
Source: First Time Home Buyer Center
Read More About Private Mortgage Insurance at Newbuyer.com
Posted by NewBuyer on December 14, 2009 | No Comments
A comprehensive, must-read guide to subprime mortgage loans. The resource recommends asking yourself if you are certain you need a subprime loan and if so, how to shop carefully. Learn how to limit the risks of balloon payments and prepayment penalties and how to cover your assets.
From the resource: “If you’re getting a subprime loan, it’s even more important to read the fine print. If you’ve had money trouble in the past, you want to be extra careful not to sign anything that will cause more problems.”
Source: Bankrate.com
Read More About Bad Credit Mortgages at Newbuyer.com
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