You might not be aware of it, but you may be buying a house with a history. There are certain conditions that a seller is required to disclose before selling a house, and waving these disclosures is a very good way to get some very unpleasant surprises. Insurance companies have access to two databases that […]
Tips for Buying a Second Home in Florida
A lot of people would love to have a second home. A favorite vacation spot seems like a natural place to invest your time and money. You’re not alone in wanting to buy a home in your favorite holiday spot, 1.13 million vacation homes were sold in 2014, and made up 21 percent of total […]
Buyer Beware Polybutylene Pipes and Plumbing
There are words that strike dread into the heart of a real estate agent and one of them is polybutylene. Once touted as the longer lasting and cheaper alternative to copper pipes, this material was installed in millions of homes throughout the later decades of the 20th century. The problem was that these pipes shortly […]
Home Buyer Beware: Electrical Panels Prevent Insurance Coverage
There are some concerns about buying an older home that should always be at the top of any homebuyers list, not only because of possible hazards but because they can actually stop you in your tracks when it comes to obtaining homeowners insurance. You might be looking at that original woodwork, the charming cupola, or […]
Should I Stay or Should I Go? Citizens Takeouts and You.
Should I Stay or Should I Go? Citizens Takeouts and You. It started with something that looks like a dirty trick. As a writer for the Sun Sentinel reports, a new round of Citizens takeout notices went out last week to thousands of policyholders in Broward and Palm Beach counties. Here’s the thing, it’s from […]
Saving a Bundle: 3 Easy Ways to Lower Your Homeowners Premium
Paying your insurance premiums ranks right up there with root canals, but just like dental work, you need insurance to keep your home and finances healthy. Take the time to review your insurance annually and learn how to get better coverage while paying out less money in premiums. There are a few tips and tricks […]
Law and Ordinance Coverage 101
Insurance policies are written to indemnify the insured against damage or loss. They are not so that it ends up in a better position than they were prior to a loss. This is done to prevent incentives to having or creating losses that would end up costing the insurance company, and by extension other policyholders. […]
Why Millennials Aren’t Jumping Into Homeownership
Ask any talking heads on the financial shows and you’ll get as many answers as there are heads about why those pesky kids aren’t buying homes. Ask a Millennial and you’re going to get a whole lot of sarcastic answers. However, the breakdown of reasons why they’re not buying is far from simple, having to […]