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Realtor Jargon:
Mortgage insurance
:
Required by lenders on some loans to protect lenders from a possible default. Most conventional loans with down payments or home equity percentages that are less than 20 percent of the home value require private mortgage insurance (PMI).
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Addendum
Addendum
An addition or change to an existing contract between two (2) or more parties.
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Addendum
and how it affects your real estate transaction, call me!
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