Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Information About Homeowner's Insurance Policy
It’s a great time to buy a home! I know what you’re thinking: “Jerry, you’re a REALTOR®. You always say that!” And while that may be (almost) true, right now the data is lining up right behind me. Mortgage rates are at record lows. And by buying now, you could realize your dream of moving into the perfect house for less money than you ever thought possible.
But no matter when you buy, some considerations remain constant. Finding the best mortgage rate is always an important goal. And understanding all the costs associated with homeownership is paramount when you’re trying to set a budget that’s both realistic and affordable. Which brings us to the topic of homeowner’s insurance.
If you’re taking out a mortgage, carrying homeowner’s insurance is something your lender will require you to do. No homeowner’s insurance, no mortgage. It’s that simple. But even if you’re paying cash for your home, homeowner’s insurance makes sense. It not only protects the investment you’ve made in your home but your other financial assets, too. But what kind of insurance do you need, how much insurance should you buy, and how can you make sure you’re getting the best deal on your homeowner’s insurance policy? Answering those questions will put you ... more
Are you on The Rain? Grow Your Network!