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2. Closing documents: A guide for homebuyers - AOL

   www.aol.com/finance/closing-documents-guide...

   As the buyer, you’ll need to obtain and document homeowners and title insurance, and you’ll receive many documents before and at the closing, like the note and mortgage or deed of trust. Pay ...

3. Closing on a house: What to expect - AOL

   www.aol.com/finance/guide-closing-house-expect...

   Unless they’re paying in cash, the prospective buyer will secure homeowners insurance and the mortgage needed to purchase the property. There will be an appraisal of the home and an independent ...

4. Escrow insurance: What is it and when you need it - AOL

   www.aol.com/finance/escrow-insurance-235640110.html

   Pros. Cons. When the homeowners insurance bill is due, the money should already be set aside to cover it as long as you have kept up on payments. There is a larger upfront payment with closing ...

5. Is home insurance required? - AOL

   www.aol.com/finance/homeowners-insurance...

   These can include getting minimum coverage limits and types in place, paying the premium and providing proof of insurance at closing. If your mortgage is set up with an escrow account for your ...

6. What is a home insurance binder? - AOL

   www.aol.com/finance/home-insurance-binder...

   Mortgage lenders commonly require that borrowers maintain a homeowners insurance policy on their home. Depending on how the timing lines up with closing on the property and completing the home ...

7. Who pays closing costs, the buyer or the seller? - AOL

   www.aol.com/finance/pays-closing-costs-buyer...

   Homeowners insurance: Buyers will likely be required to take out a home insurance policy as well, with the first premium payment (or sometimes more) due at closing. If several months of payments ...