|
|
|
|
Insurance Closing Costs
|
Homeowner's Insurance
This insurance covers replacement costs for damages caused by fire, wind or other disaster that might affect the value of the property. Typically, the insurance also includes personal liability and theft coverage. |
|
Flood or Quake Insurance
Additional hazard insurance coverage that is required for homes located in a designated hazard zone as established by the Federal Emergency Management Agency (FEMA). As we tour houses, I will let you know if the property resides in a hazard zone. |
|
Private Mortgage Insurance (PMI)
Insurance required for conventional mortgage loans when the borrower's down payment on the house is less than 20 percent of the loan value. |
|
Title Insurance
This policy protects both the buyer and lender by insuring a clear chain of title. (In other words, it insures that that the person who sells the house has the legal right to do so.) |
|
|
|
Areas served: Orangetown real estate, Clarkstown real estate, Nyack real estate, Ramapo real estate, Havestraw real estate, Stony Point real estate, Tapan real estate, South Nyack real estate, Upper Nyack real estate, Piermont real estate,Grandview real estate,Upper Grandview real estate,Sarkill real estate, West Nyack real estate, Blauvelt real estate, Orangeburg real estate, Palisades real estate, Pearl River real estate, Nanuet real estate, Bardonia real estate, New City real estate, Congers real estate, Valley Cottage real estate, New Hempstead real estate, Hillcrest real estate, Spring Valley real estate, Chestnut Ridge real estate, Airmont real estate, Monsey real estate, Wesley Hills real estate, Pomona real estate, Montebello real estate, Suffern real estate, Tallman real estate, Sloatsburg real estate, , Havestraw real estate, Garnerville real estate, Theills real estate, West Havestraw real estate, Stony Point real estate, Tompkins Cove real estate and lower Orange County real estate, Rockland County real estate, Orange county real estate, Rockland County MLS (Multiple Listing Service) and Orange county MLS
|
