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Kansas City Real Estate Thoughts...
Lenders require borrowers to pay mortgage insurance (PMI) if the borrower is putting less than a 20% down on their home. PMI is insurance against a buyer defaulting on the loan and should the borrower walk away then the PMI company involved pays the bank the outstanding loan ...
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Kansas City Real Estate Thoughts...Unless the county has their check book out and is willing to pay you the tax assessed value for your home, then that is not the market value of your home. Often times the tax assessed value doesn't even provide us a good approximation when working to arrive ...
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