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Home Insurance in Maryland : Real Estate Advice

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Activity 8
Wed Feb 15, 2017
Rena72087 asked:
I am an Account Representative for a wonderful Insurance Agent. We have top of the line Customer Service, all of our Clients are important to us. I looking to build relationships with Lenders…
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Wed Feb 15, 2017
Rena72087 asked:
I am an Account Representative for a wonderful Insurance Agent. We have top of the line Customer Service, all of our Clients are important to us. I looking to build relationships with Lenders…
0 votes 0 Answers Share Flag
Thu Jun 16, 2016
Bruce32010 asked:
Tue Apr 26, 2016
Jpesposito asked:
I'M INTERESTED IN COVERAGE FOR A HOME IN FLORIDA AND ONE ON THE EASTERN SHORE OF MARYLAND
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Wed Mar 30, 2011
Sergio Hernandez answered:
The traditional definition of homeowners' insurance has nothing to do with paying off a mortgage, in the event of the homeowner's death. However, the answer to your question is to buy life insurance to cover the balance of the outstanding mortgage, or a portion thereof, in the event of the homeowner's death.

Life insurance comes in all different shapes and sizes, so you'll need to consult with someone that can recommend what's best for you.
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Mon Jan 10, 2011
Phx answered:
I had a loan with UFMIP. I read the irs documentation and reviewed the HUD 1 from the purchase. I'm looking at the tax deduction in this way, Because the Hud does not say it is for other years in the future, its fully tax deductable in the year of closing. UFMIP is just that its a upfront cost for mortgage insurance. The monthly MIP i pay is for the future. I have not found any documentation that says my UFMIP is for other years. Until then I will take the full deduction. The IRS documents support this, however if someone disagrees and can find documentation that says the UFMIP is for future years or the IRS makes some clarification its no reason for me to think otherwise. ... more
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Thu Oct 1, 2009
Donald Stevens answered:
We write in Maryland and we have a vacant home policy that covers renovations and secondary homes on a single lot. Your are right, the tax assessment is a great way to discover whether the houses are titled seperately or together. We can write it with renovation coverage. Go to http://getgliga.com/ads/quote_investment_property.htm and complete the request for quote and I will work on it for you.


The Home Insurance Specialists
www.getgliga.com
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