Tag Archives: Buying

Finding the right Home Insurance

Buying home insurance can be an overwhelming process. If something happens to your home, homeowners insurance can make or break you. Here are some tips to guide you when shopping for home insurance:

  1. Speaking with an independent home insurance agent. An independent does not represent just one company but instead multiple companies. This allows you to receive multiple quotes and thus find the best policy / coverage possible for your specific needs.
  2. Escrow your insurance payments with your mortgage payments. If you are like most homeowners, you will tack monthly insurance payments onto your mortgage check. The bank will pay your home insurance premiums out of your escrow account. In most cases lenders will prefer this option because it shows them your insurance premiums are being paid and their investment is well protected
  3. It is important to be sure you have adequate coverage. The most mportant aspect to home insurance is the level of coverage. No need in paying more than you need.
  4. Understand the details of your policy. It is important to know the fundamental terms of a home insurance policy.

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Guide to buying a Home

Guide to Buying a House

  1. Homeownership – Are you ready? Whether you are purchasing for your first time, or you are a repeat buyer, buying a home can be a financial and emotional decision that requires the expertise and guidance of trained professionals.
  2. Local, Professional Advice – In the maze of financing forms, inspections, pricing, and negotiation, it makes sense to work with professionals who know the local community and more.
  3. Get a mortgage pre-approval – It is important to find out how much you are able to afford before you begin your home search.
  4. Look at homes – Working with a local Vincent’s Realty realtor and educating yourself on the local market will help you focus in on your priorities and make informed purchasing decisions.
  5. Choose a home – Finding a home that meets your needs and priorities is important. Your home is your castle.
  6. Make an offer – A proposal to purchase a home includes price and terms.
  7. Get insurance – Car owners know the importance of car insurance. The same principals apply to home insurance as well. Home insurance protects owners in the event of catastrophe.
  8. Closing – The closing process is becoming increasingly more computerized and automated. Closings bring together a variety of parties who play a role in the real estate transaction.