Hello guys, please help educate me.
Since I?ll pay a month for Hazard Insurance (about to close on the house).
1/ Do I have to buy Homeowner insurance or not? Is Homeowner Insurance required by mortgage lender? I thought that what Haz Insurance is for in case of ?..
2/ If Homeowner insurance is required. Then do I have the right to buy premium just for the cost of rebuilding the house only, instead of the loan amount?
Please provide any tips and experience that a new homeowner would need.
Thank you so much.
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on: 1st January 70
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