DIAMOND REALTY GROUP, LLC 315 East Texas St. Bossier City, LA 71111 318-746-0011

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They Assisted Us Beyond Any Other Realtors
We choose Mindy and Jeff because they were extremely knowledgeable, comfortable to work with as well as trustworthy.
Lt Col Jeff and Michele Kelly
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Latest Listings: Bossier City, Benton and Shreveport Louisiana home buying, real estate listings, and homes for sale in Bossier County, LA

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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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Q	What celebrity home sold recently for a reported $5.5 million, despite its yellow-and-rust striped paint job?
A	This Hollywood Hills residence was the former home of the popular singer, Madonna.
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Round the Clock Realtors, REALTORŽ, real estate agents and broker for Bossier City, Benton and Shreveport Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Round The Clock Realtors
Diamond Realty Group
315 East Texas St.
Bossier City, LA 71111
Office: 318-746-0011
Mindy's Cell: 318-469-3261
Jeff's Cell: 318-423-8468
Chris Cell: 318-469-3877
Fax: 318-841-0667
Email: bossierhomes@NUMBER1EXPERT.com
Mindy Wardlaw, Jeff Wyatt and Chris Dowdall are Full-Time Agents with over sixteen years Experience in Real Estate, Sales and Marketing. Honors include: 1995, 1996, 1997, 1998,1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006,2007,2008,2009 Top 1% Presidents Elite 2002, 2003, 2004, 2005, 2006 Top 1/2% Preimer Elite. In 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008 and 2009. Top Ten Internet Real Estate Agent (Shreveport Bossier Relocation Center). Round the Clock has earned the following designations: CRS, GRI, ABR, Notary, and SRES, all of the highest educational designations you can hold by 1% of Nationwide Agents. As one of America's #1 Real Estate Expertsďż˝ in the entire Shreveport-Bossier Regional area, Mindy, Jeff and Chris are well equipped to guide you through all your real estate needs. Call or email us today!!!

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