Flood Insurance
Flood Insurance
An insurance policy that covers property damage due to natural flooding.
Flood insurance may be required on properties in a flood zone - the land bordering a stream which is subject to floods of about equal frequency; for example, a strip of the flood plain ...
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Closing Costs
Closing
Costs
Expenses
incurred by the buyer
and seller
in a real estate or mortgage transaction.
There
are two types of costs: recurring and non recurring.
Non-recurring
costs are one time transactional costs ...
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