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Feature Home - 6034 W. 102nd Terrace, Overland Park, KS

$340,000 1 Year Warranty!

Address: 6034 W. 102nd Terrace	City/ST: Overland Park, KS	Zip Code: 66212
Location: 6034 W. 102nd Terrace, Overland Park, KS	Property Type: Single Family Home	New or Resale: New
Square Footage: 1709	Bedrooms: 3	Bathrooms: 2
MLS# 1620558	Property Tax: 0

Formal dining w/wainscot, hdwds! Famrm w/corner gas log FP w/TV niche! Laundry is so convenient! Basement is drywalled! Almost finished! All bedrms w/cable & phone! Hall bath w/12 x 12 tiled flr & glazed Birch cabs! Oil rubbed bronze knobs, wrought iron spindles, programmable thermostat, pre-wired for security! Seller is offering 1 yr full warranty & walk thru!

Last Updated: 9/30/2009 2:08:31 PM

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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 does "contingency" mean in real estate?
A	A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Ask Cathy Marketing Group LLC, REALTOR�, real estate agent and broker for Lee's Summit, Blue Springs and Raymore, Missouri home listings, property and land for sale - NUMBER1EXPERT

Ask Cathy Marketing Group LLC
Keller Williams Platinum Partners
3171 NE Carnegie Drive
Lees Summit, MO 64064
816-268-4033
ACMGemail@kc.rr.com
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