Thursday, November 14, 2013

Great Image of the Do's and Dont's to follow if you are getting a mortgage

I remember when we purchased our first house, it was quite the process, we needed 20% down, could only afford 15% so we had PMI for a year, then the appreciation allowed us to stop paying for PMI. All sorts of fun back in 1995. Well, thanks to the meltdown of 2007, we appear to be headed back to the sanity filled days of the mid 1990s, when home ownership is desired, but with stronger restrictions.

This is a great list of do's and don'ts to follow, especially for all of our first time homebuyers who are trying to decide if they want the American Dream, or if they plan to continue to rent.


#LizBobeck

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