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2. What is a construction-to-permanent loan? - AOL

   www.aol.com/finance/construction-permanent-loan...

   An FHA 203(k) mortgage: If you’re buying an existing home that needs a significant amount of work, a 203(k) mortgage can help you finance the home purchase, as well as the renovations.

3. Closing (real estate) - Wikipedia

   en.wikipedia.org/wiki/Closing_(real_estate)

   The closing date is set during the property negotiation phase and is usually several weeks after an offer is formally accepted. [2] At a high level, the closing typically involves the following parties: the seller, the buyer, real estate agents, attorneys (depending on the state), the mortgage lender, and the settlement agency (also known as a ...

4. What happens when your home insurance lapses - AOL

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

   Once coverage is in place, contact your lender and provide the new policy details to prevent or stop the company’s force-placed insurance on your home. The mortgage company may require proof of ...

5. Conveyancing - Wikipedia

   en.wikipedia.org/wiki/Conveyancing

   In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).

6. Builder's risk insurance - Wikipedia

   en.wikipedia.org/wiki/Builder's_risk_insurance

   Coverage ends upon the earlier of closing of the sale, occupancy or the policy expiration date. After builder risk coverage expires, due to sale or occupancy, the new owner typically obtains permanent property insurance on the building such as a home owner's policy or a commercial property policy.

7. Recoverable depreciation in home insurance: what it is and ...

   www.aol.com/finance/recoverable-depreciation...

   Incident. Amount. Fridge value at the time of purchase in 2018 (i.e., its replacement cost) $1,500. Useful life. 14 years. Depreciation per year. $107 ($1,500 ÷ 14)

8. Mortgage arrangement fee - Wikipedia

   en.wikipedia.org/wiki/Mortgage_arrangement_fee

   Mortgage arrangement fee, also known as a completion fee or a mortgage product fee, is a term used to describe the fee charged by some lenders to cover administration and primarily the reserving of funds for fixed rate and/or discounted rate mortgages.

9. Top 7 home renovations that can increase your property's ...

   www.aol.com/finance/best-home-renovations...

   Your contract should include a detailed description of the work to be done, project completion dates, a total price and payment schedule, refund policies, warranties and more. How to file a ...