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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.
Which house over 100 years old still holds the title as the largest house in the U.S.?
The 250-room Biltmore House in Asheville, NC, built 1890-1895 at a cost of $4.4 million, is the largest house in the US.
Keith RitterKeller Williams Realty7025 W. Bell Rd., Suite 10Glendale, AZ. 85308602-908-5020Fax: 602-908-5020Email: keith@KeithRitter.comKeith Ritter is the NUMBER ONE SERVICE PROVIDER in Glendale, Peoria, Scottsdale and the Greater Phoenix Metropolitan area. He has a proven track record that few agents can match! His experienced team works exclusively for Keith to provide SUPERIOR SERVICE. They free Keith up to spend more time with YOU! State of the art computers and other technologies allow Keith to provide fast, efficient service to his clients!
Keith RitterKeller Williams Realty7025 W. Bell Rd., Suite 10Glendale, AZ. 85308602-908-5020Fax: 602-908-5020Email: keith@KeithRitter.com
Keith Ritter is the NUMBER ONE SERVICE PROVIDER in Glendale, Peoria, Scottsdale and the Greater Phoenix Metropolitan area. He has a proven track record that few agents can match! His experienced team works exclusively for Keith to provide SUPERIOR SERVICE. They free Keith up to spend more time with YOU! State of the art computers and other technologies allow Keith to provide fast, efficient service to his clients!
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