From the category archives:

Homeowners Insurance

The definitive source on whether home buyers need flood insurance!

June 24, 2009

If you’re thinking about buying a home and want to know if you’ll need to purchase flood insurance, the definitive source is:
a. The Federal Emergency Management Agency (FEMA)
b. The county the home is located in
c. The seller
d. Your mortgage company
FEMA – FEMA has lots of great information on flooding, flood insurance [...]

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Home Buyers May Want to Include C.L.U.E. Report Contingency in Offers

January 23, 2009

Today’s Daily Herald had a good suggestion that I’m going to pass along to my home buyers. In his article, “Buyers, sellers alike should get a ‘clue’ when pondering a home sale“, real estate columnist David Myers responded to a question about making an offer on a home contingent on receiving an acceptable C.L.U.E. (Comprehensive [...]

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Buyers, Bring Proof of Homeowners Insurance to Your Closing

January 1, 2007

Friday I attended the closing for a 4 bedroom house I sold in Arlington Heights. We had a few minutes of uncertainty when the buyers’ attorney asked the buyers for proof of homeowners insurance and they didn’t have it with them. Fortunately, I had stopped by the house just before the closing to remove the [...]

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