Mansfield, Storrs, Coventry and Tolland Connecticut real estate listings, home buying, selling and relocation information

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For Sellers: Mansfield, Storrs, Coventry and Tolland Connecticut home buying, real estate listings, and homes for sale in Tolland County, CT

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First Time Buyers >Insuring Your Home

Many home buyers are concerned about whether they have an insurable interest in the property before the actual closing. The answer is an unqualified "yes". Although the buyer is not yet the recorded owner of the property, he or she has an insurable interest in the property as soon as the agreement of sale is executed by both the buyer and seller.

Should you get hazard insurance before the closing? It depends. Buyers do not usually insure a property until the title passes to them from the seller. However, it's wise to know what the agreement between you and the seller stipulates with regard to insurance.

Most agreements state that the property will be insured for a specific amount. This is very important to both parties. From the buyer's point of view, it is also critical that an adequate sum or full replacement value be stipulated. Watch out for agreements which read "as now insured". This is an all-too-common practice which usually indicates that the seller does not to want to increase inadequate insurance coverage.

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Q	What is the average age range of a second-home buyer in the United States?
A	Currently, second-home buyers in America are most often between 41 and 44 years of age.
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Tom and Elaine Burns, REALTORŽ, real estate agents and broker for Mansfield, Storrs, Coventry and Tolland Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

The Burns Real Estate Group
Keller Williams Realty
1066 Storrs Road, Suite B
Storrs, CT 06268
Phone #: 860-429-2853
Phone #: 860-420-7089
Phone #: 860-655-4688
Fax #: 860-812-2171
Email: info@BurnsTeam.net
As UConn and ECSU area real estate specialists, Lakefront Property specialists and 1st time home buyer experts, their number one priority is to help their clients succeed.

The Burns Real Estate Group is a member of the Connecticut Statewide Multiple Listing Service and their expertise extends to numerous communities including: Storrs, Mansfield, Tolland, Coventry, Glastonbury, Andover, Ashford, Columbia, Manchester, Vernon, Hampton, Hebron, Lebanon, Pomfret, South Windsor, Willington, Windham and Woodstock.

You can be assured that your privacy will be respected and your interests will be protected with this top team. With a lifetime of experience in the area they know the market well and take pride in the professionalism with which they serve their clients.

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NUMBER1EXPERTS™ in real estate for Mansfield, Storrs, Coventry and Tolland, Connecticut

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