Other homeowners are paying even more. In the past five years average home insurance premiums in the Sunshine State have tripled, with no relief in sight. People with a mortgage have to have insurance. So Weiss, who is also the Mayor of Palm Beach County, chose to do what many of his ...
Homeowners insurance costs are going through the roof. Here's what you can do about it Insurance crisis in Florida, across the nation, gets national spotlight Double-digit increases Across the U.S., most insurers lifted their rates for homeowners' coverage by double digits last year, according ...
Does homeowners insurance cover well going dry? Sadly, no. For the most part, if your natural well has run dry and you've lost your source of water, the well will not be covered by your homeowners insurance.The only way insurance will cover a dry well is if the well ran dry due to...
Owning a home in Florida comes with a unique set of challenges homeowners might have to face. Liz Brumer-SmithDec. 20, 2024 Should I Buy a House Now or Wait? If you want to buy a home in 2025, here's how to determine if now is the right time or if waiting is the better move...
WEST PALM BEACH, Fla. — The CEO of one of the larger insurance companies in Florida is expressing some optimism about the state's homeowners insurance. "I do not believe you're not going to see some wide swings," Ernie Garateix, the CEO of Heritage Insurance, told WPTV reporter Ma...
Like homeowners with mortgages, changes in the federal funds rate may also cause you to reconsider whether it's best to refinance your loan or not. Remember, if you can't find a lower rate, you may be better off with what you currently have. ...
2. You'll need plenty of insurance in Florida The risk of hurricanes makes insuring your home in Florida much more complex and expensive than it is in many other areas. In many hurricane-prone areas, insurance companies often require property owners to not only purchasehomeowners ...
Does the declining in real estate commission rates encourage homeowners to hold onto their homes for longer? Besides real estate agents, is anybody else agains the real estate commission price fixing lawsuit? For those interested investing in residential real estate in lower-cost areas, exploreFundris...
up to me, I make closing costs flat fees, should not be based on how much you purchase home. I call huge BS on that because is the same amount of work, and same process. Reminds me of auto insurance which is the number 1 scam. Mortgage Industry is right there with auto insurance...
I do think a lot of homeowners rode the wave of 30 years of falling interest rates… that dynamic is going to change as rates have not risen in a generation. The returns of housing in the future will be nowhere near what they were in a falling rate environment and a lot of speculators...