Lansdale, Blue Bell and Harleysville Pennsylvania real estate listings, home buying, selling and relocation information

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My Special Offers: Lansdale, Blue Bell and Harleysville Pennsylvania home buying, real estate listings, and homes for sale in Montgomery County, PA

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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.

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Q	What private residence is considered the most expensive house ever built?
A	The William Randolph Hearst Ranch in San Simeon, California cost over $30 million, equivalent today to $276,883,320. Bill Gates recently built a home for over $40 million.
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Mickey Mignot, REALTORŽ, real estate agent and broker for Lansdale, Blue Bell and Harleysville Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Mickey Mignot ABR,ABRM,CRS,ePRO,GRI
REALTY EXECUTIVES
1258 Bridge Road PO Box 1249
Skippack, PA. 19474
Office: 610-584-3000
Direct: 610-584-3009
Toll Free: 1-800-GET-MICK...it pays!
Fax: 610-594-3015
Email: Mickey@RealtyExecutives.com
The Philadelphia Suburbs are a wonderful place to live with so much to offer. Mickey Mignot is owner of one of the top Realty Executives offices in the suburbs of Philadelphia. Mickey is also one of the top agents in the area specializing in relocation, buyer representation, seller representation and providing after sale service to her past clients. Over 97% of Mickey's business is derived from referrals from her past clients and fellow realtors. That is a testimonial to her dedication to the success of her real estate practice. Mickey Mignot understands family, cares about your needs and is always working for you. Mickey is dedicated to meeting your needs, every step of the way. Call or email Mickey today! And remember 1-800-GET-MICK...it pays!

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