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What Renters Insurance Does NOT Cover?, Real Property Market Value, Existing US Homeowners In Suspended Animation

August 15, 2023 Gerald Lucas

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.

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Tags Gerald Lucas, real estate tips, real estate strategies, renters insurance, insurance claim, coverage, earthquakes, floods, landslides
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