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  2. How to choose the best home insurance company - AOL

    www.aol.com/finance/choose-best-home-insurance...

    Some of the most important things to consider are your location, the cost of coverage and the provider’s third-party ratings. The following five steps will help you understand how to choose the ...

  3. Replacement value - Wikipedia

    en.wikipedia.org/wiki/Replacement_value

    Replacement value. The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or " replacement cost value " is one of several methods of determining the value of an insured item.

  4. How much renters insurance do I need? - AOL

    www.aol.com/finance/much-renters-insurance...

    Renters insurance commonly covers around $30,000 in property damage and $100,000 in liability coverage. Keep in mind that you may need more or less, depending on the value of your personal property.

  5. Actual cash value - Wikipedia

    en.wikipedia.org/wiki/Actual_cash_value

    This percentage multiplied by the replacement cost equals the actual cash value. For instance, imagine a man bought a television set for $2,000 five years ago, which was unfortunately destroyed in a hurricane. His insurance provider estimates that televisions typically have a useful life of 10 years. Today, a similar television would cost $2,500.

  6. 4 ways to get equity out of your home - AOL

    www.aol.com/finance/how-to-get-equity-out-of...

    Say your gross monthly income is $5,000 a month, and you typically pay $700 a month to your mortgage, $500 a month to credit cards and $250 a month to a personal loan — a total of $1,450 in ...

  7. Cost approach - Wikipedia

    en.wikipedia.org/wiki/Cost_approach

    Cost approach. Cost approach is a real estate appraisal valuation method used to price an individual property. [1] It is one of three methods, the others being market approach, or sales comparison approach, and income approach. The fundamental premise of the cost approach is that a potential user of real estate will not, or should not, pay more ...

  8. How much are closing costs for home sellers? - AOL

    www.aol.com/finance/much-closing-costs-home...

    Types of closing fees. Average cost. Transfer taxes. Varies by geographic location. Title-related fees. $300 to $1,500+ Escrow fees. $300 to $700+ Attorney fees

  9. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    A lender will compare the person's total monthly income and total monthly debt load. A mortgage calculator can help to add up all income sources and compare this to all monthly debt payments. [citation needed] It can also factor in a potential mortgage payment and other associated housing costs (property taxes, homeownership dues, etc.). One ...

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