Home Buying Tip - What About Homeowner's Insurance?

A paid homeowner's insurance policy (or a paid receipt for one) is required at closing, so arrangements will have to be made prior to that day. Involving the insurance agent early in the home buying process can be helpful and save you money.

If the present owner has a title insurance policy less than 3 years old, you could have substantial savings by buying a reissue of that policy rather than a completely new one. Find out if you qualify.