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A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. Home inspections are usually conducted by a home inspector who has the training and certifications to perform such inspections. The inspector prepares and delivers to the client a written report of findings.
Home inspections are a thorough, nitpicky review of the home's condition, and it's likely going to reveal a long list of imperfections that may not affect the day-to-day life of its current owners.
Citizens Property Insurance Corporation (Citizens) was created in 2002 from the merger of two other entities to provide both windstorm coverage and general property insurance for home-owners who could not obtain insurance elsewhere.
Inspection fees, usually paid by the buyer [3] (although occasionally by the seller), charged by licensed home, pest, or other inspectors. Some lenders require inspections (such as termite inspection) to verify that the property is in good condition, which is necessary to assure that the property will retain the necessary collateral value to ...
The 80% rule in homeowners insurance refers to a common requirement to insure your home for at least 80% of its replacement cost to receive full coverage for partial losses.
A follow-up inspection is required every 10 years thereafter. According to GD&C Law , the cash reserves that are now required also need to be able to cover the estimated replacement cost of the ...
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