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Nancy is purchasing a home. The purchase price is $195,000.00 and she is obtaining a loan for $130,000.00. 1. What is the coverage amount for

Nancy is purchasing a home. The purchase price is $195,000.00 and she is obtaining a loan for $130,000.00.

1. What is the coverage amount for the owner's policy?

2. What about the lender's policy?

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