|
All agents are NOT alike! Find out why we are top Real Estate experts. Call us: Linda 775.771.4400.
|
Get Free Presentation On Our Home Marketing.
Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
Find Out More >
View All Offers >
|
"We won't hesitate to work with you again!"
"We have really appreciated your professional attitude and willingness to go the extra mile."
Georgia & Tom
Read Quote >
View All Quotes >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
Hartman & Assoc. is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
|
Insurance >Hazard Insurance
Are you considering taking out hazard insurance on a property before you actually take title? It may be a good idea!
Even though you are not yet the owner of record, as the buyer, you have an insurable interest in a property the moment that you and the seller execute the sales agreement. As a matter of practice, however, buyers do not usually take out insurance until the papers change hands, and it should not be necessary if the agreement of sale is properly executed.
It is very important to both parties that the agreement states that the property will be insured for a specific amount. From the buyer's point of view, an adequate sum must be stipulated, and the agreement should not read "as now insured", which can indicate that the seller may not want to increase the insurance.
As a general rule, the amount of insurance on the buildings on a property should equal the sales price, less the value of the lot.
|
| Q |
What is considered the world's tallest building?
|
| A |
The 185-story CN Tower in Toronto, Canada is the world's tallest free-standing building, rising to 1,815 feet. |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT 
