Thinking about buying a house? Before committing, ask the seller to provide you with a C.L.U.E® Home Seller's Disclosure Report, available from ChoicePoint Asset Co. Each report is created using a national database of insurance claims and provides a list of insurance losses at the address for the past five years. The report costs $19.50 and includes the following information for any listed incidents at the address: date of loss, loss type, status, amount paid, policy type and insurance company name. More and more consumers regard the C.L.U.E. report as every bit as important as a home inspection. In addition to revealing potential problems with a home, the report is also of interest to insurance companies who view a busy claims history as a red flag. The result can be sky-high insurance premiums for an unsuspecting new owner. For more, visit http://www.choicetrust.com/.
P.S. If you (or a friend or relative) are thinking of buying or selling a home this year, please let me know. I can eliminate many of the frustrations a move always seems to generate.
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