Posted by NewBuyer on December 30, 2009 | No Comments
Standardized home insurance packages are discussed in detail in this informative resource, including the forms: H0-1, H0-2, and H0-3. Also listed are more than a dozen questions to ask your local insurance broker with regards to your prospective home insurance coverage. A sample is: “If you have a loss, will coverage be for actual cash value or replacement cost? Have the insurance broker explain the difference.”
Source: Move.com
Read More About Home Insurance at Newbuyer.com
Posted by NewBuyer on December 23, 2009 | No Comments
A concise but helpful look at title insurance, why you need it and exactly what it covers. Learn about the title examination and defects or “clouds” on the title. See who pays for title insurance, how often the title insurance premium is due and if you are protected if your home increases in value.
From the resource: “Title insurance is a relatively inexpensive item and can be one of the best purchases you’ll make for your new home. You’ll sleep a little better knowing you’re protected if a long-lost heir shows up on your doorstep.”
Source: American Home Guides
Read More About Title Insurance at Newbuyer.com
Posted by Elizabeth Dennis on December 18, 2009 | No Comments
A brief, but helpful look at how home insurance fits into the home buying process and how it is affected by the terms of your home loan. The type of homeowners insurance you need is dependent on the amount of money borrowed, the length of the loan, home value and location of home.
From the resource: “You can apply for a loan without proof of homeowners insurance but you cannot close on your house without proof of insurance. Typically, a lender (your mortgage company) will need proof that you have purchased home insurance coverage (through a binder) along with a copy of your paid receipt.”
Source: Houses.net
Read More About The Basics of Home Insurance at Newbuyer.com
Older Entries
Newer Entries
