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Top articles: | Matt and Jamie Danielson own their $278,000 Ankeny home outright, and paid almost nothing for it.
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| | » IA » Real Estate news | 03/17/2011 | | | | Michigan is a state with a split personality. First you have the industrial, blue collar areas where... |
| | » MI » Home buying | 04/05/2010 | | | | You have a loan and you're ready to find your dream home in one of those Los Angeles houses for sale... |
| | » CA » Home buying | 03/25/2010 | | | | The Church of Jesus Christ of Latter-day Saints (LDS) has a prominent role in the city with the high... |
| | » UT » Rental property | 02/27/2010 | | | | As the level of luxuries to which the citizens are exposed are increasing at a very fast rate, an in... |
| | » TX » Home buying | 07/06/2009 | | | | » 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
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