New or not, a buyer should always hire a home inspector to inspect their latest investment. Shady contractors have been known to cut corners to save a buck, and since many homes come pre-owned, the level of maintenance can vary greatly from house to house. With a home being one of the most expensive investments you can make, you want to be sure you know the true condition of a house, and a home inspector is available to provide that information to you. However, to make certain all information is provided, here are some questions buyers should ask their home inspector. [Read more…]
Is Downsizing from a House to a Condo Right for You?
March 24, 2022 by
Are you planning to retire soon? Are you an empty nester tired of all the property upkeep? Perhaps you’re looking to cash in on the housing market boom. Whatever the reason, you may be considering downsizing to a condo. Both condos and houses have their own set of benefits, and it’s important you take time to determine which living situation is best for you. Let’s discuss some of the key considerations to take into account before downsizing from a house to a condo. [Read more…]
What Does It Mean to Bundle Your Insurance Policies?
March 9, 2022 by
Insurance is a necessary expense for most households, but it doesn’t have to be an investment that breaks the bank. You want to be sure you’re getting the best coverage for your possessions while also utilizing possible discounts. If you’re the owner of both a home and a vehicle, there’s likely an opportunity to secure savings by bundling your policies. Beyond savings, you can also take advantage of the other benefits bundling has to offer. Let’s discuss what it means to bundle your insurance policies and all the perks that come with doing so. [Read more…]
What Does My Condo’s Master Insurance Policy Cover?
November 6, 2020 by
Condo associations straddle the line between landlords and homeowners’ associations. They’re responsible for maintaining the grounds and shared spaces while granting owners freedom over the interior of their condos. However, with this balance comes some confusion over the responsibility of each party when it comes to liability risks and damages. To determine what you’re responsible for, you must first determine what your condo’s master insurance policy covers. [Read more…]
Why You Want Loss Assessment Coverage
June 11, 2015 by
If you live in a condo it is likely that you have a homeowners association (HOA) as an insurance policy which will cover things that happen in the common areas (areas outside of your personal unit). If so, they why would you need loss assessment coverage? There are times when you will need it and actually when you will be thrilled to have loss assessment coverage.
How Is Condominium Owner’s Insurance Different From Renter’s Insurance?
December 18, 2012 by
Condominium Owner’s Insurance sounds simple enough, but it also a bit complex. [Read more…]
