Marita Donohue, CRS, SRES  Twenty-five years of real estate experience, coupled with an educational background, which includes a Bachelor's degree from Immaculata University and a Master's degree from Villanova University, gives Marita a great knowledge of your market area. Marita is a Full Time Realtor; this along with being an Associate Broker (a distinction of advanced real estate knowledge) allows her to provide smooth and easy transactions for Buyers and Sellers. Marita's committed work ethic and honesty has afforded her the honor of obtaining 97% of her business from referrals and the return of past clients. Marita is a Certified Residential Specialist, a distinction held only by 5% of Realtors nationwide. Achieving CRS certification requires advanced training, experience and professional commitment. Her affiliation with the premiere real estate firm in the area, Prudential Fox & Roach Realtors, brings a wealth of marketing expertise to those selling their homes in this exciting market. Her most recent award was Top of the Rock placing her 2008 production in the top 1% of all Prudential Agents nationwide, again for the 6th year in a row. Marita's main strengths are strong negotiating skills, client satisfaction, experience and knowledge of the area and the Real Estate Sales climate.  Please Sign Up For The Latest Listings and the Latest Real Estate News
First Time Buyers >Insuring Your Home
Many home buyers are concerned about whether they have an insurable interest in the property before the actual closing. The answer is an unqualified "yes". Although the buyer is not yet the recorded owner of the property, he or she has an insurable interest in the property as soon as the agreement of sale is executed by both the buyer and seller.
Should you get hazard insurance before the closing? It depends. Buyers do not usually insure a property until the title passes to them from the seller. However, it's wise to know what the agreement between you and the seller stipulates with regard to insurance.
Most agreements state that the property will be insured for a specific amount. This is very important to both parties. From the buyer's point of view, it is also critical that an adequate sum or full replacement value be stipulated. Watch out for agreements which read "as now insured". This is an all-too-common practice which usually indicates that the seller does not to want to increase inadequate insurance coverage.
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What was the world's highest viewing platform before the opening of the Empire State Building in 1939?
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The Eiffel Tower, built between 1887-1889, was for 42 years the highest viewing platform in a man-made structure. |
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