Home equity loan:This kind of loan lets a homeownertake their existing equityout of their home’s value in the form of a lump sum payment. Interest rates for a home equity loan can be more expensive than your current rate on your first mortgage, but it may be more bearable in the long...
Notify Your Homeowner’s Insurance Company ASAP You should report the property damage claim to your insurance company as soon as possible. You need to provide the following information: Name Policy number Address Type of claim (winter storm, hurricane, flood, fire, etc.) ...
The state legislature recently passed a law requiring sellers to tell home buyers whether they've ever filed a flood insurance claim or received federal assistance for flood damage to their property. This could help buyers better understand the risks of owning that home. » MORE: How to choose...