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Insurance requirements have become such an integral part of the real estate and loan transaction, that they must be included in any comprehensive discussion of real estate finance. Every purchase transaction will require title insurance, and every mortgage will require homeowners insurance. In some situations, lenders may also require flood insurance and/or mortgage insurance. Even purchasers of condominiums and townhouses will have insurance options to consider. Real Estate agents need to have a thorough knowledge of all types of insurances to properly guide their clients though the real estate and loan process.
Learning Objectives - Upon completing this course, the student will be able to:
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The course is completed with a multiple choice final exam.