Monday, 19 March 2007

Only In Britain You Say?

A British business news blogger on a site called 'Thats Business' posted OneMove's announcement about its unique homebuyer insurance.
The novel insurance plan - available only in England and Wales - costs homebuyers about $150 and protects them against expenses of $3,000 plus in real estate transfer costs, such as lawyer's fees or house inspection bills, if the seller backs out of the deal.

British home sellers can get away with taking higher offers on their homes at the 11th hour, even if they agreed to earlier sell it at a lower amount.

Click here to read the full blog posting.