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88

Short Sale Investing: Private Mortgage Insurance (PMI)

Short sale investors at all levels of experience tend to get thrown whenever they come across a deal with private mortgage insurance (PMI). A quick review: PMI is insurance that lenders require from most...

10 comments    real estate investing short sale
79

Fannie Mae and Freddie Mac

I remember selling life insurance just out of college and telling prospects that the interest rate on the product I wanted them to buy wasn't going anywhere. I remember saying, "As long as the financial...

6 comments    investing short sales freddie
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