Special offer

Princeton, NJ Real Estate News

By Christine O'Shea
(Christine E O'Shea Broker)
Drumthwacket, Located in Princeton is the official home of the Governor of New Jersey.  Not all governors have choosen to live there.  Our current Governor, Jon Corzine. lives there part time.  The mansion is open to the public and is known for its Christmas Open House.  The former Governors Mansion is Morven, which is located closeto Drumthwacket.For more invofrmation, visit http://www.drumthwacket.org 
Comments 0
By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
I was reading through some blogs over the weekend and Mark Flanders Silverdale did a blog that gave definitions of PMI. What is PMI and can it be avoided. This can be such a confusing and sometimes misleading concept of why you must have mortgage insurance. As Mark Flanders discussed, private mortgage insurance is not there to protect you, but to protect the lender in case of default. And the old rule is that you must have 20% or more down on the property to avoid this specific cost. I am only going to discuss the different types of mortgage insurance for conventional loans only. In regards to FHA and VA loans, they have their own types of mortgage insurance. And keep in mind, once you reach the 78% LTV mark, the lender has to drop the mortgage insurance. It's not the typical 80% mark ...
Comments 32