Basics of homeowners insuranceDana Dratch
or even just some of what’s bullet-pointed above, you should have a home insurance policy. The alternative is having to pay outright for any repairs, thefts, or damages that might happen to your property. In particular, homeowners insurance is great at giving you a helping hand if you’...
Umbrella insurance provides an added layer of liability coverage that applies when the limits on your underlying policies have been used up in the payment of damages. A personal umbrella applies after the liability limits on the insured's homeowners, personal auto, and boat policies have been redu...
Take care that the neighborhood that houses your short-term rental property allows for that kind of transaction since many homeowners associations and towns are on the warpath against short-term rental landlords, and others have banned them outright. You also need to be right on top of your cus...
Homeowners who are looking to quickly sell their holdings are often out of luck when turning to the standard means of selling homes – listing them and hiring a realty agent to court potential buyers. Fortunately, house buying companies Michigan are always looking to purchase homes. Here are ...
There are also several strategies that homeowners can use to reduce their property taxes. One strategy is to appeal the assessed value of your property. If you believe that your property has been assessed at a higher value than it is actually worth, you can appeal the assessment and request ...
A cluster of small earthquakes that rattled the Bay Area earlier this week helped remind us that we live on unstable ground. And yet, it’s a curious fact that very few California homeowners have earthquake insurance — barely 10 percent, according to the state Department of Insurance, and ...
Plumbing insurance is a type of insurance that helps to cover the costs of repairs to your plumbing system. This can include everything from fixing a leaky faucet to repairing a burst pipe. Many homeowners insurance policies do not cover the cost of repairs to your plumbing system, so having...
Homeowners Insurance: The prepayment of the first year's insurance premium on the property. Lender's Title Insurance: A one-time charge by the title company to protect the lender if a dispute should arise around ownership of the property. Owner's Title Insurance: The premium for a policy...
For reverse mortgages originating on or afterJanuary 13, 2014, a financial assessment will be required. Credit, income, and assets will be reviewed to make sure the applicant can continue to pay property taxes, HOA dues, homeowners insurance, and other costs of owning the home. ...