|
"Professionalism & experience"
"If you had not said what you said when you said it the closing would probably not have gone forward given the things that the other side was saying!"
Randy and Lorrinda Sturgeon, Dumfries, VA
Tell us how we're doing!
You have a story to tell about us. You've worked with us, and we've helped you buy or sell a home. We need your feedback. Others need your feedback, too! Please take a moment to fill out this form and tell us how we did...
First Time Buyers >Insuring Your Home
Many home buyers are concerned about whether they have an insurable interest in the property before the actual closing. The answer is an unqualified "yes". Although the buyer is not yet the recorded owner of the property, he or she has an insurable interest in the property as soon as the agreement of sale is executed by both the buyer and seller.
Should you get hazard insurance before the closing? It depends. Buyers do not usually insure a property until the title passes to them from the seller. However, it's wise to know what the agreement between you and the seller stipulates with regard to insurance.
Most agreements state that the property will be insured for a specific amount. This is very important to both parties. From the buyer's point of view, it is also critical that an adequate sum or full replacement value be stipulated. Watch out for agreements which read "as now insured". This is an all-too-common practice which usually indicates that the seller does not to want to increase inadequate insurance coverage.
|
| Q |
What building has been named the 21st Century Townhouse project?
|
| A |
4 townhouse in Bowie, MD made of giant foam/board panels, concrete/styrofoam block frames, steel, and aerated concrete. |
 See More Real Estate Trivia > |
|
|
|
FEATURED PROPERTY
14319 Randall Dr
SoldAS-ISincluding existing appl.,plumb,heat, A/C, &elect.systems.Buyer inspect Prop(5)days prior to close:determine Property same Cond when contract written.Seller = Owner Of Record.Offers MUST HAVE Wells Fargo Pre-Approval LTR to Submit.Cash= Bank State
Location: FC: 22191: $100-125K
Price:
$111,900 Bank-owned!
VIEW THIS PROPERTY
VIEW ALL PROPERTIES
|
"Oscar" Inc Handyman
HVAC, Plumbing, Painting, Tile, Cabts, Flooring, Carpeting, Electrical - FULLY LICENSED & INSURED, REFERENCES AVAILABLE - CALL: (571) 237-4839
Find Out More >
View All Affiliates >
|
|
- NUMBER1EXPERTS™ 
