Shortcomings of Automated Values

Shortcomings of Automated Values

There are many automated valuation tools available online nowadays. Sites such as Trulia.com and Realtor.com have become ever popular with homeowner’s looking to obtain a quick valuation of their home or a prospective home. However, there is a dark side to the...
What is Private Mortgage Insurance?

What is Private Mortgage Insurance?

In the past, it was quite easy to acquire a loan for a house assuming you had a decent credit rating as the typical down-payment was around 20%. This meant that a bank could loan 80% of the homes value while assuming little risk. If the client were to default on the...