Get answers about condo insurance. There are pros and cons when it comes to owning a condo, and if you’re planning to purchase one then it will be a good idea to look into what those pros and cons are. On one hand you have an HOA which will take care of the grounds and […]
Get answers about homeowners insurance. Home insurance varies state by state when it comes to what it will cover, but we can provide a basic understanding for those who may not know what they are paying for. Your insurance will vary depending on the type of structure that you have and what other similar structures […]
Get answers about homeowners insurance. Now that we have to remain socially distanced from people for the foreseeable future, it has made it that much more difficult to close the deal on a home. Showing homes and inviting people into the world of real estate has all but stopped. But, if you are still in […]
Get answers about property insurance. The Federal Deposit Insurance Corporation (FDIC) is actually known for wanting homeowners to have the opportunity to refinance their home for lower mortgage payments. Refinancing in itself has been shown to reduce the average monthly mortgage payment by hundreds of dollars in most cases. Loan modifications are a bit different […]
Get answers about property insurance. Homeowners insurance is definitely going to cover the collapse of your ceiling under most circumstances. Homes built during a certain time frame are more susceptible to a ceiling collapse. A ceiling collapse occurs when the ceiling weighs more than the structure surrounding it. You may have to worry about the […]
Get answers about homeowners insurance. When mortgage lenders lend you money to purchase your home, they, in essence, co own that home with you. They are going to want to protect that home as well as you are, if not more so. They will let you know what type of coverage you need to have […]
Get answers about homeowners insurance. More than 31% of homeowners haven’t budgeted for emergency repairs or maintenance for their home. Only 60% of homeowners have $1000 in their savings account to pay for an emergency. Doing regular maintenance in your home can prevent an emergency from occurring and it also protects your home value. Saving […]
Get answers about property insurance. There is over $2.5 billion in claims from water damage every year. It costs over $6900 to fix and repair the damage from a broken water heater. One of the things that you can do to to prevent this from happening in your home is to know where your water […]
There are five main things that homeowners need to do in order to maintain their houses. First is to clean your gutters every spring and fall. Second is to inspect your HVAC system. It is best to hire a professional for this. Third, maintain your plumbing system by cleaning out the build-up of gunk and […]
There are many preparations to make before buying a home. Most importantly, perhaps, you need to make sure you don’t buy more house than you can afford. Generally, you shouldn’t be spending more rehab roughly 28-30 percent on your total monthly payment. You also need to budget for your closing costs, which can add thousands […]