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Top articles: | Share First of all, when explaining Ulster County Real Estate, you start with it is location in Up-S... |
| » NY » Home buying | 02/10/2011 | | | Iowa is one of the few states where judicial or in court foreclosure is the only method available to... |
| » IA » Foreclosure | 05/03/2008 | | | In Oregon, both judicial or in court and non judicial, or out of court foreclosures are followed. As... |
| » OR » Foreclosure | 05/02/2008 | | | Minnesota allows for both judicial or in court and non judicial or out of court foreclosures. As wit... |
| » MN » Foreclosure | 05/02/2008 | | | Lately there has been a debate in Utah about whether it is more advantageous to purchase a home or a... |
| » UT » Home buying | 07/14/2009 | | » 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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