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Top articles: | Let me begin by clarifying that, when it comes to speculating in the housing market, I have no dog i... |
| | » MA » Real Estate news | 11/16/2012 | | | | As part of his "To Do List" President Barack Obama visited Val and Paul Keller on Friday. The White ... |
| | » NV » Mortgage | 05/13/2012 | | | | The suburban Boston home where Babe Ruth lived after he had been sent to the New York Yankees is for... |
| | » MA » Home selling | 05/13/2012 | | | | South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property ... |
| | » FL » Real Estate news | 03/15/2012 | | | | 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 | | | | » 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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