I am buying piece of real estate at 10K
The title examnination company told me their are clouds on the title making it an unmarketable title. However, the clouds are not so bad that I can’t get title insurance for the lowest premium policy of 25K In other words, title company will insure the title to this property for 10K… My Question.. Lets say, I buy for 10K put 3K into it and sell for 20K to a new buyer a year down the road.. Should be fine, right because I’m still under the lowest possible premium of 25K.. They wrote me a 25K policy, why wouldn’t they write the new buyer a 25K policy is my thinking.. Correct? Thanks
Nov 302011
Nov 302011
I am closing on the sale of a new house tomorrow. title insurance cost over $ 700.00 do I really need it? or am I just throwing money down the drain. Has any one ever used it?
Nov 302011
I have tried to get a new policy, but most companies won’t even give me an estimate. I have tried twice to get policies from companies that gave me an estimate but both companies didn’t accept the payment. We are in Wisconsin and have never had an insurance claim in more than twenty years, so I don’t think it depends on hurricane Katrina. I have been told that if I was a new owner I wouldn’t have any problems, but we have had our house since 1945. Could I sell it to my husband? We have good credit and my father simply forgot to send the check (he was 92).
I have submitted requests twice to on-line insurance search sites. Their representative called and gave me a quote, which I supposed and agreed to pay by credit card, but they never put the payment on the card and I never heard from them again. Both told me no well known insurance company (Hartford, etc.) would insure us because State Farm had cancelled our insurance, so we had to use unheard of companies.
Our insurance was with our local State Farm agent, who returned the late check and refused to insure us. This is a new agent, but the same group had insured us for years.
The house belongs to our trust.
I will be back in the US in July, so until then I can’t visit the friendly local agent.
Nov 302011
My parents handle my car insurance (Hartford). Go to college in Miami. Parents also live in Miami. Got my 1st speeding ticket (38 mph in a thirty mph zone), took the class, had the citation adjudicated/cleared.
Would rather not have my parents find out. A) Will the insurance show my driving record or citation history to my parents? B) Does Florida law allow ANY charges to insurance after points have been cleared?
I work and my wife is pregnant with our third child. She currently stays home to care for our two older children. Our income looks like it qualifies my pregnant wife and two children for the Healthy Kids medicaid program here in Michigan. Can I enroll them in that and then drop my coverage at work? What about my Health Savings Account? I just want to know if any of you have any experience with this out there or have some information to pass along. Thanks!
WE DID A REFIANCE ABOUT thirteen MONTHS AGO. MY FIRST DOES NOT REQUIRE FLOOD INSURANCE, NOW MY SECOND HAS SAID THAT IT IS A REQUIREMENT. I HAVE THE PAPERWORK FROM BOTH THE FIRST AND SECOND THAT SHOWS THAT THERE WAS A FLOOD CIRTIFICATION DONE AT THE TIME. AND EVERTHING WAS OK FOR THE LIFE OF THE LOAN. ALSO ACCORDING TO THE FEMA WEB SITE AND ALSO MY INSURANCE COMPANY WE ARE NOT LOCATED IN A FLOOD ZONE. ZONE X IS WHERE THE PROPERTY IS LOCATED. I DO NOT HAVE A ELEVATION CIRTIFICATION ON THE PROPERTY, IF I WAS TO GET ONE IT WOULD COST ME ABOUT $ 700.00. NOBODY IN OUR AREA HAS FLOOD INSURANCE, AND THERE ARE OTHER PROPERTIES THAT SET LOWER THAN OURS. EVEN THOUGH MY INSURANCE COMPANY SAID I WAS NOT IN A FLOOD ZONE. THEY SAID I COULD PURCHASE A PREFERED FLOOD ZONE COVERAGE POLICY. THIS WOULD BE ABOUT $ 350.00 DOLLARS. I DON’T UNDERSTAND THE WHOLE CONCEPT. I HAVE ALREADY CONTACTED MY FIRST ABOUT ALSO DOING MY SECOND. I’M AT A LOSS AT THIS POINT, I JUST WANTED TO SEE IF ANYBODY HAD ANY IDEAS. THANK YOU.
I am a student in TX, and in 4th grade, 7th grade, and 10th grade, our history curriculum is entirely devoted to state history. We cover Texas under Spanish, then Mexican rule, then the Texas Revolutionary War, the years of the Republic of Texas, and so on. But I wanted to know whether other states studied their own history as much as we do.
Nov 302011
I know about Safeware, but I was wondering if there are other companies I can purchase it from, especially where I have the option of a deductible to lower the premium cost. This needs to be for coverage in the USA because many of the companies online who offer laptop insurance are based out of the U.K.
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