Most of us sign up for a homeowner's insurance policy when we purchase a home not only because of the protection it offers us, but also because of the "required reading" aspect of it to our mortgage lender. Those institutions lending us the money to make homeownership possible cover their bases by making sure their own financial investments are protected in case of fire or natural disasters. But how much does the average homeowner know about what the typical homeowner's policy covers? The typical homeowner's policy includes coverage for perils and losses due to fire, lightning, tornadoes, windstorms, hail, … (0 comments)
social network: Existing-Home Sales Hit 5-Month High
- 09/30/08 12:17 PM
Existing-home sales rose in July to the highest level in five months, although they continue to be well below the numbers from last year at this time, according to the National Association of REALTORS®. Existing-home sales - including single-family, townhomes, condominiums and co-ops - increased 3.1 percent in July to a seasonally adjusted annual rate of 5 million units from a downwardly revised level of 4.85 million in June. Sales were 13.2 percent lower than the 5.76 million-unit pace in July 2007. NAR President Richard F. Gaylord, said the up-and-down pattern may break soon. "We hope the new tools in the … (0 comments)
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