Tag: Homeowners Insurance

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,...

Homeowners Insurance

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Posted on 08/07/2022

Hazard insurance: Understanding the basics

Hazard insurance and homeowners insurance are often mistaken for the same thing due to the similarities they share. While standard homeowners insurance policies include hazard coverage, standalone hazard insurance serves a different purpose. How do you know if you need hazard insurance? Here is a guide to help you understand the basics: Hazard insurance vs. homeowners insurance Hazard...

Hazard Coverage

Hazard Insurance

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Posted on 07/17/2022

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...

Down Payment

Financing

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Posted on 07/18/2021

The Basics of Homeowners' Insurance

Homeowners’ insurance is a popular and widely recommended service for homeowners. It provides protection from certain types of incidents and can cover damage and losses to your property. It can also cover certain furnishings and assets besides the actual structure of the home. If you’re curious about homeowners’ insurance, how it works and how it compares to other...

Home Buying

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Posted on 02/16/2020

Key Differences and Terms: Property Insurance vs Homeowners' Insurance

Photo by Steve Buissinne via Pixabay Often used interchangeably, the terms “property insurance” and “homeowners’ insurance” sometimes confuse new homebuyers. Homeowners’ insurance is a specialized form of property insurance. By “property” the insurance industry means anything that you own. Under that category come homeowners’ insurance and even renters’ insurance. These products cover single-family houses, condominiums and a renter’s...

Property Insurance

Homeowners Insurance

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