When is my first mortgage payment due?
Your inaugural mortgage payment is generally due on the first of the month, 30 days after you close the deal. You're paying for the previous month, not the current one. After spending so much money to buy the home, this is often a welcome reprieve.
Homeowners Insurance in California
You may have heard on the news that State Farm and Allstate, two homeowner insurance providers, are no longer accepting new applications for homeowner insurance policies in California. This was due to the risk of wildfires faced by California homes as well as the increased costs to rebuild.