Home |  Contact Us |  Bookmark This Page
Listings Available Today   


 Welcome to the rotvre.com Blog

2017-05-01 17:25:45
Buying a Home #16: Set Up Homeowner’s Insurance

Step 16 to Buying a Home: Set Up Homeowner’s Insurance

One of the things the mortgage underwriter will require you do at some point during the underwriting process is to set up Homeowner’s Insurance

So it’s better to get a start on this task now. For most people, your home is the biggest purchase you will ever make and you want to make sure it’s properly insured.

My biggest piece of advice is to shop your homeowner’s insurance around because rates can vary dramatically. I recommend starting with whatever company insures your car and getting a quote from them first as you’ll likely get a discount for already having car insurance through them. After that, reach out to at least two other insurance providers for quotes.

Once you have chosen your insurance carrier, give the details to your Escrow Officer. They will arrange for coverage to go into effect at closing. They will also provide your underwriter with proof of insurance. They’ll need this before they can approve your loan.

Go back to Step 15 to Buying a Home: Review the Condo Documents, go forward to Step 17 to Buying a Home: Removing Contingencies.

 
Blog Archive
2017-05-15 17:21:31
Yes, You Can Bank on Your Phone . . . but Should Y

2017-05-05 10:52:42
Tips to Help Prevent Crime

2017-05-02 17:48:57
How to Buy a Home In 25 Steps

2017-05-02 17:45:41
Buying a Home #1: Get Pre-Approved for a Mortgage

2017-05-02 17:42:25
Buying a Home #2: Find a Realtor

2017-05-02 17:38:22
Buying a Home #3: Don’t Spend Extra Money

2017-05-02 17:32:37
Buying a Home #4: Understand the Lingo

2017-05-02 17:29:22
Buying a Home #5: Finding the Home of Your Dreams

2017-05-02 17:25:45
Buying a Home #6: Time for Showings!

2017-05-02 17:18:46
Buying a Home #7: I Want to Make An Offer

2017-05-02 17:15:13
Buying a Home #8: I Have an Accepted Offer

2017-05-02 17:05:24
Buying a Home #9: Open Escrow

2017-05-02 17:03:18
Buying a Home #10: Schedule a Home Inspection

2017-05-02 17:00:46
Buying a Home #11: Attending the Inspection

2017-05-01 17:47:29
Buying a Home #12: Tips for Reading the Inspection

2017-05-01 17:41:01
Buying a Home #13: The Importance of Contingencies

2017-05-01 17:33:57
Buying a Home #14: The Appraisal

2017-05-01 17:30:32
Buying a Home #15: Review the Condo Documents

2017-05-01 17:25:45
Buying a Home #16: Set Up Homeowner’s Insurance

2017-05-01 17:19:51
Buying a Home #17: Removing Contingencies

2017-05-01 17:17:29
Buying a Home #18: Give Notice To Your Landlord

2017-05-01 17:14:33
Buying a Home #19: Schedule the Closing

2017-05-01 17:10:18
Buying a Home #20: Hire Movers and Start Packing!

2017-05-01 17:07:39
Buying a Home #21: Hook up your Utilities

2017-05-01 17:04:47
Buying a Home #22: Get Your Down Payment Ready

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.