Working with many Realtors and Mortgage Brokers for the last five years have brought to my attention that many of people involved in their clients transactions, and even the clients themselves are neglecting one important item that many times prevents them from closing on time, which of course in chain reaction makes a lot of people upset and creates additional costs in some cases.

Homeowners Insurance can be obtain relatively quickly and possibly bound the same day.

More open minded and resourceful agents can do that because they eliminate the physical inspection of the property prior to issuing the policy, but in many cases your turn around time is at least 24-48 hours.

This time can be very well extended up to 30 days if your client is purchasing a commercial building or mixed use property.

Depending on type of roperty, those quotes need the underwriting approval not to mention to generate a binder and the agents hands are tied. Make sure to let your client know ahead of time, that they will need insurance prior to closing. Leaving things "hanging" till last minute may give everyone bad experience.

Don't let this happen to you on your next transaction!

If you have any questions regarding insurance, policies, binding whether home or auto, please let me know, and I will answer to all of you.

Hope to hear from you  soon!

Aggie