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Michal is an Extremely Competent Agent
"Listing our house with Michal was an excellent experience overall. She is a calm, pleasant and extremely competent agent--a true pleasure to work with at all times. Michal was always available and responsive to our concerns--this really helped us feel confident that our sale would happen and that we could do it while living out-of-state. She knew many things that helped us handle the entire process so much easier. We absolutely have and will continue to recommend Michal to family and friends."
Polly Paulson and Walter DiMantova
 
Insurance >Hazard Insurance
Are you considering taking out hazard insurance on a property before you actually take title? It may be a good idea!
Even though you are not yet the owner of record, as the buyer, you have an insurable interest in a property the moment that you and the seller execute the sales agreement. As a matter of practice, however, buyers do not usually take out insurance until the papers change hands, and it should not be necessary if the agreement of sale is properly executed.
It is very important to both parties that the agreement states that the property will be insured for a specific amount. From the buyer's point of view, an adequate sum must be stipulated, and the agreement should not read "as now insured", which can indicate that the seller may not want to increase the insurance.
As a general rule, the amount of insurance on the buildings on a property should equal the sales price, less the value of the lot.
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What is the largest home in Hollywood?
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The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
