Full Coverage


Definition of "Full coverage"

All insured losses paid in full.



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Point

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Financial holdings that can be converted into cash in a timely manner without the loss of principal, ...

Closing

On a home purchase, the process of transferring ownership from the seller to the buyer, the disburse ...

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Outside wall of a structure that is exposed to the weather. An exterior wall can also be a load bea ...

Related Real Estate FAQ

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

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A seller takeback is a type of financing in which the seller arranges for the financing on a propert ...

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A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

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Changes in the market conditions, or improvements to the property that increase the value of the pro ...

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A counteroffer is an offer made by one party that makes changes to the original or latest offer of t ...

What Is A Second Mortgage?

A second mortgage is a type of mortgage on property that has alien already on the first mortgage. Th ...

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