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  • Digg it UP - Private Mortgage Insurance (PMI) Update—Now Tax Deductible

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    put down a 20% down payment based on the sale price of the home. Private mortgage insurance
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    Starting on January 1, 2007, private mortgage insurance became a deductible expense for new borrowers with less than a $100,000 income. This new legislation will help homebuyers who may have chose to a more risky piggy-back type of loan to avoid PMI over the past few years.

    So what is PMI?

    In a conventional mortgage, a buyer is required to put down a 20% down payment based on the sale price of the home. Private mortgage insurance

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    borrowers with less than a $100,000 income. This new legislation will help homebuyers who may have chose to a more risky piggy-back type of loan to avoid PMI over the past few years.

    So what is PMI?

    In a conventional mortgage, a buyer is required to put down a 20% down payment based on the sale price of the home. Private mortgage insurance

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    ay have chose to a more risky piggy-back type of loan to avoid PMI over the past few years.

    So what is PMI?

    In a conventional mortgage, a buyer is required to put down a 20% down payment based on the sale price of the home. Private mortgage insurance

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    If you market a product or service, how do you want to be approached by another marketer? In a recent study, conducted by Three Deep Marketing, with assistance from Marketing Sherpa, more than 70 percent of the marketers told

    So what is PMI?

    In a conventional mortgage, a buyer is required to put down a 20% down payment based on the sale price of the home. Private mortgage insurance

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    put down a 20% down payment based on the sale price of the home. Private mortgage insurance is paid when a buyer does not the full 20%. The fee is paid monthly by the buyer to protect the lender in the event of foreclosure. It is paid until equity accumulates to a point where there is 20% ownership of the home.

    Avoiding PMI with Piggy-back Loans

    In recent years, many buyers in an effort to avoid paying PMI have used a piggy-back

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