Insurance costs for closing your new home in Sugar Land purchase

Insurance Costs for Closing Your New Home In Sugar Land Purchase

Homeowners Insurance
This insurance covers replacement costs for damages caused by fire, wind or other disaster that might affect the value of the property. Typically, the insurance also includes personal liability and theft coverage.

Flood or Quake Insurance
Additional hazard insurance coverage that is required for homes located in a designated hazard zone as established by the Federal Emergency Management Agency (FEMA). As you tour houses, your realtor will let you know if the property resides in a hazard zone.

Private Mortgage Insurance (PMI)
Insurance required for conventional mortgage loans when the borrower's down payment on the new construction home is less than 20 percent of the loan value.

Title Insurance
This policy protects both the buyer and lender by insuring a clear chain of title. (In other words, it insures that that the person who sells the house has the legal right to do so.)

Buy A New Home In Sugar Land Texas And Get Paid...It's That Easy!

Including ALL AREAS in and surrounding Sugar Land

Texas Licensed Real Estate Broker
All rebates are subject to the consent of the Principals we represent. All Advertised rebates are contingent upon using a Citihomes REALTOR® as your Agent. Some Conditions may apply.

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Insurance Costs for Closing Your New Home In Sugar Land Purchase