Coligny wrote:Pretty sure there is an insurance included with the financing of them buildings. Reason why the clinic has not been fully paid yet, the money went to Meitetsu shares instead...
But that's for pro buildings, the house has been fully paid for long ago.
That's under the closing costs, not included/required and can reduce taxable income depending on the property. It costs money to get the insurances (dugh) and is typically done when you are at the bank as they offer the insurances as a package. If you do get financing, get the whole package so you can "negotiate" the interest rate for year 2+ of the contract.
Typical package is bank account, gold card (with x^10 clubs, points, store discounts), fire, earthquake, and life coverage for contract term.
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