Did You Know That Title Is An Insurance?

Insurance of all types is crucial for the smooth functioning of real estate markets. Most mortgage financing is insured, through private mortgage insurers or public insurers like FHA, the U.S. Department of Veterans Affairs, and the Rural Housing Service. In addition, securities collateralized by mortgages—known as mortgage-backed securities—are backed by the federal government, through FannieContinue reading “Did You Know That Title Is An Insurance?”

IT’S-A NUMBERS GAME…

In addition to covering your home, homeowners insurance also covers four more things: Your outbuildings, landscaping, and hardscaping. If you have outbuildings (like a barn), landscaping, or hardscaping (like fences), your homeowner’s policy most likely covers those for up to 10% of your policy amount (5% for plants). For example, if you have $100,000 inContinue reading “IT’S-A NUMBERS GAME…”