Homeowner's Insurance Policy

Homeowner's Insurance is designed to protect the homeowner from losses due to hazards, disasters, and theft. It also offers protection from liability. Coverage varies widely, Standard policies usually do not include flood insurance.

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Seller's Market

In a Seller's Market, home prices are on the rise. A Seller's Market is commonly caused by low interest rates and large numbers of Buyers trying to find a home in the area. Strong employment opportunities and a lack of sufficient new construction homes for sale also contribute to a Seller's Market.

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Buyer's Market

In a Buyer's Market, buyers have many homes to choose from. As a result, they can negotiate a lower price. A Buyer's Market can be caused by a decrease in population, an economic slump, or too much new construction.

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Legal Agreement

When a Buyer and Seller enter into a legal agreement, violating that agreement is known as a Breach Of Contract. If one party breaches the contract, the other party may choose to rescind the contract or sue for performance of the contract. They can also sue for damages.

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