The Property Emporium's National Relocation Service

                                         The Buyers Guide To Real Estate                                                               Planning                      

By Robert A Reynolds

                  What does Homeowners insurance cover?                                                       

Among other things, a basic policy will cover such things as: fire, damage from windstorms, vandalism, theft (on or off the property), damage caused by ice/sleet/snow, damage from leaking pipes, damage from overflowing washers, grease fires, your home furnishings and liability in the event someone is injured on your property. Other items are also covered and riders or extended coverage is also available. Homeowner's insurance DOES NOT COVER FLOODS - in a flood plain special flood insurance is needed.

• I think I want to buy a home-how do I start?

• How do I determine how much I can afford?

• How do I know how much monthly payment I can afford?

• How much down payment do I need?

• What sources can I use for my down payment?

• What formulas do most lenders use to determine what monthly payment they will approve?

• How do I go about choosing an area and and a specific home?

• How do I choose a neighborhood?

• Should I look at existing homes or new construction?

• I'll only be in the area six months-should I buy or rent?

• How long do I need to be in the area to make buying a good decision?

• Is it really a good idea to buy instead of rent?

• When is the best time of the year to buy?

• How do the up front costs of buying and renting compare?

• What are the advantages of buying a home?

• How much appreciation can I expect?

• What does Homeowners insurance cover? 

                                                     Choosing A Home 

                                                           The Offer

                                                    Money & Financing