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re: What's the deal with PMI these days when purchasing a new home?

Posted on 3/26/10 at 9:10 am to
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 3/26/10 at 9:10 am to
I paid 945 for a 1 br 600 sq foot apartment before I moved out. My mortgage is 100 more than that. When I moved in it was 820 a month too so it went up 125 a month in 1.5 years there. Not to mention I didnt get any of the 1800 dollars it cost me to move in back because i had a dog.

What apartment can you rent and have insurance included? Last I checked you had to get renters insurance to cover your stuff. Thats included in homeowners.

Im not going to even get into the total BS rules and managment. Want your own parking spot? that was an extra 50 a month. want a garage? 150 a month! Want a view of the lake? Thats 75 more a month.

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