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Arvada Real Estate
First Time Buyers >Insuring Your Home
Many home buyers are concerned about whether they have an insurable interest in the property before the actual closing. The answer is an unqualified "yes". Although the buyer is not yet the recorded owner of the property, he or she has an insurable interest in the property as soon as the agreement of sale is executed by both the buyer and seller. Should you get hazard insurance before the closing? It depends. Buyers do not usually insure a property until the title passes to them from the seller. However, it's wise to know what the agreement between you and the seller stipulates with regard to insurance. Most agreements state that the property will be insured for a specific amount. This is very important to both parties. From the buyer's point of view, it is also critical that an adequate sum or full replacement value be stipulated. Watch out for agreements which read "as now insured". This is an all-too-common practice which usually indicates that the seller does not to want to increase inadequate insurance coverage.
In what real estate market are more than 90 percent of home sales cash transactions?
Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
Gary & Cindy Belhumeur, GRI, ABR, CSR, SRES, e-ProHome Source Group7728 Vance Dr., Suite BArvada, CO. 80003Toll Free: 866-295-4977Local Phone: 303-429-1887Fax: 303-412-5608Email - Gary: Gary@HomeSourceInfo.comE-Mail - Cindy: Cindy@HomeSourceInfo.comGary and Cindy Belhumeur are the NUMBER ONE AGENTS in the Denver Metro area. The Home Source Group, owned and operated by Gary and Cindy Belhumeur, is your "One-Stop Real Estate Source". Their experienced Realtors and professional support staff offer "Concierge" service to all of their clients. The Home Source Group represents Buyers or Sellers and offers comprehensive Relocation Services and Financing. Give Gary and Cindy Belhumeur a call and find out why they've been in the Top 1% of Denver Realtors for the last TEN consecutive years! The Home Source Group also specializes in Short Sales and Foreclosures and are HUD Certified Brokers.
Gary & Cindy Belhumeur, GRI, ABR, CSR, SRES, e-ProHome Source Group7728 Vance Dr., Suite BArvada, CO. 80003Toll Free: 866-295-4977Local Phone: 303-429-1887Fax: 303-412-5608Email - Gary: Gary@HomeSourceInfo.comE-Mail - Cindy: Cindy@HomeSourceInfo.com
Gary and Cindy Belhumeur are the NUMBER ONE AGENTS in the Denver Metro area. The Home Source Group, owned and operated by Gary and Cindy Belhumeur, is your "One-Stop Real Estate Source". Their experienced Realtors and professional support staff offer "Concierge" service to all of their clients. The Home Source Group represents Buyers or Sellers and offers comprehensive Relocation Services and Financing. Give Gary and Cindy Belhumeur a call and find out why they've been in the Top 1% of Denver Realtors for the last TEN consecutive years! The Home Source Group also specializes in Short Sales and Foreclosures and are HUD Certified Brokers.
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