One of the most important overlooked form of insurance for homeowners is Flood Insurance. Flood damage is not covered on a typical homeowners insurance policy. Although sometimes FEMA (the Federal Emergency Management Agency) provides help for victims of flood damage, it does not provide coverage for personal property, and is often defined as a loan and must be repaid. Flood Insurance for Homeowners: What Does it Cover? Depending on the type of flood insurance you carry, it covers various … [Read more...]
How to Make a Winning Counter-offer Without Losing the Buyer
Crafting a counter-offer that doesn't scare away a potential home buyer can be tricky. You want to maximize your sale price while still keeping the deal attractive enough for the buyer to stay engaged. A well-crafted counter-offer strikes a balance between protecting your interests and meeting the buyer's needs. The key is to approach negotiations strategically, ensuring that your counter doesn't feel like a rejection but rather a step toward a mutually beneficial agreement. Here are five tips … [Read more...]
Ways to Lower Your Homeowners Insurance Costs
With the cost of everything rising, homeowners are looking for ways to save wherever they can. One expense that often gets overlooked is homeowners insurance. While it is essential to protect your investment, there are ways to lower your premiums without sacrificing coverage. Here are some strategies to help you secure quality insurance at a fair price. Shop Around for the Best RatesInsurance rates can vary significantly between providers, so it pays to shop around. Compare quotes from multiple … [Read more...]
What’s Ahead For Mortgage Rates This Week – February 18th, 2025
The major inflation data reports have been released, and the initial readings indicate that inflation has exceeded expectations. While the data suggests that the Federal Reserve is unlikely to allow any further rate cuts beyond those already implemented, optimism remains in the broader lending markets. This optimism is driven by expectations that the new administration may introduce changes to monetary policy in the longer term. Although inflation has come in higher than expected, it remains to … [Read more...]
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