Tag: Homeowners Insurance

Posted on 04/11/2024
A Beginner's Guide to homeowner's Insurance
Homeowner's insurance is an important piece of the home ownership puzzle. Because almost all mortgage lenders require proof of insurance, having a policy is more of a necessity than an option. However, many potential homeowners aren't clear about what a homeowner's insurance policy covers. While each policy is customizable and has varying details depending on the insurer, there...
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Posted on 02/29/2024
How Much Funding Do You Need to Flip a House?
For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...
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Posted on 11/30/2023
Understanding hazard insurance
Hazard insurance and homeowners insurance are often...
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Posted on 10/12/2023
Homeowners insurance requirements for veterans: What you should know
While VA loans come with numerous benefits, they share many of the same requirements as conventional loans. For veterans seeking a VA loan to purchase a home, it's often required to purchase a homeowners insurance policy. Here is the basic info about homeowners insurance requirements: Is homeowners insurance required for a VA loan? Just like most conventional mortgages,...
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Posted on 10/28/2021
Insurance: Is Your Next Renovation Covered?
Your home insurance policy includes a specific type of coverage called "dwelling coverage." The amount of dwelling coverage that you have is based on your overall home value and the approximate cost to rebuild your home in the event of a total loss. When you renovate your home, you may increase its value — and if you don't...
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Posted on 12/31/2020
Home Insurance Tips for Homebuyers
Image by designer491 from Shutterstock If you purchase a new home, you will need to purchase homeowner’s insurance. If you’ve never owned a home before, you may not realize all the factors that go into the cost of insurance. When looking for a home, it’s easy to get caught up in the house’s structural design, the marble countertops,...
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