What Renters Insurance Does NOT Cover?
Real Estate Tip:
Never use a seller’s asking price as a gauge of market value for a property. A property owner may request any price for his property-this may or may not be anywhere near market value. The current market value of a residential property is based primarily on what a similar property has sold for in the last 6 months.
Real Estate Insight:
Only 1.4% of homes in the US changed hands this year, which is the lowest level in a decade.