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Top articles: | The Los Angeles County of California houses the unincorporated town of Leona Valley. The town offers... |
| » CA » Home buying | 04/07/2010 | | | Agreeing to move in with my boyfriend was the brashest decision I've made in the whole 23 years of m... |
| » CA » Rental property | 01/16/2010 | | | My family decided to take a trip from Reno to Las Vegas to see how the real estate market was behavi... |
| » NV » Real Estate news | 02/16/2012 | | | The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar... |
| » HI » Home buying | 06/25/2012 | | | Сonnecticut is home to a number of Parks within the country. However, different Parks have the... |
| » CT » Construction | 02/11/2010 | | » Read all articles |
| Hazard InsuranceAn insurance policy selected by the borrower to cover the property against loss due to hazards such as fire, hail, etc. The borrower pays an annual premium for this coverage. In many cases, the lender requires that the borrower pay 1/12 of this annual amount every month, included with the borrower`s monthly payment of principal and interest. These funds are held in reserve on behalf of the borrower in an escrow account. See also:Hazard InsuranceHome InspectionHomeowners InsuranceHomeowners WarrantyHomeowners` AssociationHUD Real Estate Glossary |
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