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Top articles: | In Pennsylvania, only judicial or in court foreclosures are allowed. To move forward with an in cour... |
| | » PA » Foreclosure | 05/02/2008 | | | | Georgia is both a judicial and non-judicial state; meaning the foreclosure process can occur both in... |
| | » GA » Foreclosure | 05/03/2008 | | | | 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 | | | | As part of his "To Do List" President Barack Obama visited Val and Paul Keller on Friday. The White ... |
| | » NV » Mortgage | 05/13/2012 | | | | » 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
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