Soldier Summit

Lifelong resident of Park City and Utah .... You can then use the inspector's report for further price negotiations if the property is in need of any major repairs. 8. If your down payment on a home is less than 20% of the appraised value or sale price, you usually have to get private mortgage insurance. This protects the lender against any default on your loan. PMI costs about 0.5% of the amount of the loan. So, for a $200000 mortgage, you'd pay about $1000 annually. ...