What You Must Know About Insurance When Buying a Home

October 17, 2014

in Home Buying Guide, Home Insurance | Tagged , , , ,

Purchasing a home involves getting to know a lot of financial terms and processes that most first-time homebuyers have never been exposed to. One of the most confusing is insurance. If you’ve never owned a home before, your familiarity with insurance most likely centers around auto insurance, health insurance, life insurance and, perhaps, renter’s insurance. [...]

What is Mortgage Life Insurance?

June 15, 2012

in Home Buying Guide | Tagged , , , , ,

The pitch is typically delivered on a postcard that arrives in the mail. Look closely – it’s most likely from your bank, not your insurance agent. The come-on: If you die (sad music in the background), your family will be forced out of their home if they can’t make the mortgage payment. Ah, but wait. [...]