Cary and Fox River Grove real estate and homes for sale in Illinois, Residential Real Estate - Bill and Luanne Hauck, REALTORS® Bill  and Luanne Hauck REALTORS(r) for Cary and Fox River Grove, Illinois real estate, Residential Real Estate - NUMBER1EXPERTS™ Bill  and Luanne Hauck NUMBER1EXPERTS(tm) for Cary and Fox River Grove, Illinois real estate, Residential Real Estate
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Real Estate Tips
Insurance >Hazard Insurance

Are you considering taking out hazard insurance on a property before you actually take title? It may be a good idea!

Even though you are not yet the owner of record, as the buyer, you have an insurable interest in a property the moment that you and the seller execute the sales agreement. As a matter of practice, however, buyers do not usually take out insurance until the papers change hands, and it should not be necessary if the agreement of sale is properly executed.

It is very important to both parties that the agreement states that the property will be insured for a specific amount. From the buyer's point of view, an adequate sum must be stipulated, and the agreement should not read "as now insured", which can indicate that the seller may not want to increase the insurance.

As a general rule, the amount of insurance on the buildings on a property should equal the sales price, less the value of the lot.

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Real Estate Trivia
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What building has been named the 21st Century Townhouse project?

A 
4 townhouse in Bowie, MD made of giant foam/board panels, concrete/styrofoam block frames, steel, and aerated concrete.
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Bill  and Luanne Hauck, REALTORŪ, real estate agents and broker for Cary and Fox River Grove Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Bill and Luanne Hauck
RE/MAX UNLIMITED NORTHWEST

7107 Pingree Road
Crystal Lake
Il 60014
Office Direct: 847-624-3272
Office Main: 847-624-3272
Bills Cell Phone: 847-624-3272
Luannes Cell Phone: 224-875-4663
BillandLuanne@NUMBER1EXPERT.com
Bills Email: hauck@mc.net
Luannes Email: luanne@PreLovedHomes.com

"Let The Haucks Find You A New Nest" Welcome to our web site. We are Bill (agent)and Luanne (assistant) Hauck of RE/MAX Unlimited Northwest. We are the #1 Husband and Wife team at RE/MAX Unlimited Northwest, McHenry Counties largest selling real estate company. We go the extra mile to help you achieve your goals. That's why we constantly research the market and property values so your home is priced effectively from day one to coincide with our marketing plan getting you the most return on your investment. We also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers. Call or email us today!


RE/MAX UNLIMITED NORTHWEST real estate and homes for sale in Cary and Fox River Grove Illinois

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