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re: Is avoiding PMI that important?

Posted on 12/30/14 at 11:00 am to
Posted by XanderCrews
Member since Mar 2009
774 posts
Posted on 12/30/14 at 11:00 am to
(no message)
This post was edited on 12/21/21 at 10:07 am
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3809 posts
Posted on 12/30/14 at 11:09 am to
6% of 310k or over $18k

Unless you negotiate a reduced rate with the realtor(s).

The closing and doc fees and all the other BS can add up though. Doing it twice, could reach $18k (realtor doesn't avoid these costs though).
Posted by ItNeverRains
37069
Member since Oct 2007
25600 posts
Posted on 12/30/14 at 11:45 am to
quote:

Im not real good at math, but if I sold my house myself at a price of 310k how much does that save me vs a realtor?


In the real world, the one where the unrepped buyer wants the unrepped buyer discount in the sales price cause he reads tigerdroppings, max 3%.

But that wasn't your original statement smart guy. If it was it was horribly, horribly worded.

Moving twice vs stretching into a mortgage with PMI on a conventional loan will be more expensive 99.999% of the time. Even without a realtor
This post was edited on 12/30/14 at 11:47 am
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