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"We were very satisfied with the over-all experience working with our agent as well as his team. He sold our home in the time frame we wanted and coordinated the closing of our new home at an ideal timing. We would not hesitate to use the Ryder Team again as our real estate agent and/or recommend him to anyone we know."
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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 is the average age of a first-time homebuyer in the United States today?
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| A |
The average age of a first-time U.S. home buyer is 32 years. |
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Jeff Ryder The Jeff Ryder Team RE/MAX Properties, Inc. 1740 Chapel Hills Dr. Colorado Springs, CO 80920 Tel: 719-593-SOLD Cell: 719-380-1765 Fax: 1-866-804-1302 Email: jeffryder@NUMBER1EXPERT.com
Jeff Ryder moved to Colorado while serving in the US Army at Fort Carson as a Flight Paramedic. If you look at Jeff's picture and say "I think I know him from somewhere", it may be due to his career before selling homes. After leaving the military, Jeff spent 5 years as a newscaster for television stations in Florida and Colorado. The last three years were in Colorado Springs on 11-News. Jeff is married to Kassie. They have two sons, Clayton and Kyle. 
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