Just
because a standard homeowners insurance policy satisfied your lender, it doesn't mean you're adequately covered.
Because standard homeowners insurance does not typically cover earthquakes, it's important for property owners in seismically active areas to obtain riders to provide some level of earthquake protection for their property.
Because standard homeowners insurance does not typically cover earthquakes, it's important for property owners in seismically active areas to obtain riders to provide some level of earthquake protection for their property.
Just
because a standard homeowners insurance policy satisfied your lender, it doesn't mean you're adequately covered.
Not exact matches
After home values fell, although their mortgages met Fannie Mae loan
standards; and, although their mortgages were within Fannie Mae loan limits, these
homeowners were unable to use HARP 2.0
because their mortgages weren't backed by the government.
Homeowners are lining up for the Home Affordable Refinance Program
because the rates are great and the
standards are so flexible with equity requirements
because they aren't any.
In other words, if a
homeowner has a
standard deduction of $ 9,700 and his or her itemized deductions total $ 8,000, he or she is better choosing the
standard deduction
because it is higher than the itemized amount.
The
standard homeowners policy also isn't appropriate for certain high - value or historic homes
because of potential coverage gaps or the cost of rebuilding a historic structure.
Because certain risks increase with an unoccupied property, vacant house insurance is typically more expensive than a
standard homeowner policy.
This coverage is different from
standard Homeowners Insurance,
because it's designed specifically for the demands and unique value of a vacation home.
Because modular homes are similar to site - built homes, they usually require a
standard homeowners policy, not a mobile home policy.
A
standard homeowners policy provides for full replacement coverage on your home, but many policyholders fail to take advantage of this benefit
because they do not insure the home for its total replacement cost.
The limitations on these and other deductions means many
homeowners who itemize today will find it more attractive to take the newly increased
standard deduction, although that deduction is less valuable than it initially appears
because the bill also eliminates the personal and dependency exemptions.
Although the blueprint leaves the mortgage interest deduction in place, many
homeowners would lose the incentive to take it
because the proposed measures would eliminate the deduction for property taxes and nearly double the
standard deduction.
That's
because the increased
standard deduction, along with other changes the plan makes, wouldn't be enough to offset what
homeowners would lose....
A grandfathered rate is a discount given to a
homeowner when the community's flood risk is increased with a map update,
because the home was built and maintained in compliance with the previous
standards.
Moreover,
because the plan is also expected to repeal personal and dependency exemptions, the higher
standard deduction would leave
homeowners owing more tax than under the current law.
NAR has concerns with the Administration's proposal
because it would hurt
homeowners by taking away more deductions than would be offset by the increase in the
standard deduction.