BUYER INFO

STEPS TO HOMEOWNERSHIP

The home-buying process doesn’t need to be scary. We will walk you through the process and
answer your questions on what you should expect from your REALTOR®, where to look for loans, and what to watch out for when closing the deal.
Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10

STEP 8:  Get Insurance

The essential idea behind various forms of real estate insurance is to protect owners in the event of catastrophe. If something goes wrong, insurance can be the bargain of a lifetime.

There are various forms of insurance associated with home ownership, including title, homeowners’ and flood.  Home warranties can also be purchased – or requested from the seller – and can cover a variety of workmanship, mechanical and/or structural issues.

Insurance policies and warranties have limitations and individual programs have different levels of coverage, deductibles and costs. For details, speak with your REALTOR®, insurance brokers and home builders.


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