Fergus Falls Buyers | What Is Private Mortgage Insurance (PMI)?

Whether you are looking to buy a home in Fergus Falls or on a lake, I’m a real estate agent with the “heart of a teacher” who would love to help you in the process.  As a real estate agent, I want to be prepared to ensure that you are given the best buying/selling experience with knowledge and expertise to guide you along the way.  One of the best things you can do as a potential buyer is visiting with one or more lenders and getting pre-approved. Today I’d like to talk to you about Private Mortgage Insurance (PMI).

When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). Continue reading “Fergus Falls Buyers | What Is Private Mortgage Insurance (PMI)?”

Measuring Your Ability to Achieve the American Dream

Owning a home in Fergus Falls can become a reality for many who are ready to live the American Dream of home ownership.

Forbes.com recently released the results of their new American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.”

The monthly index measures several different economic factors, including goods-producing employment, personal and commercial bankruptcies, building permits, startup activity, unemployment insurance claims, labor force participation, and layoffs. Continue reading “Measuring Your Ability to Achieve the American Dream”