5 Things To Know About Severe Weather And Homeowners Insurance

The average homeowner feels secure knowing they have insurance in the event of a severe weather calamity. Most people believe that no matter what happens, they have paid for protection against disaster. Unfortunately, not every homeowners insurance policy provides full reimbursement from severe weather losses. Hurricanes, tornados, earthquakes and other rare catastrophes may not be covered under your current policy. Consider the impact of these extreme events and whether you are fully insured for the subsequent losses. 1: Hurricane Damage May Not Be Fully Covered The recent national mobilization to deal with the fallout from Hurricane Florence highlights just how…
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What to Look For During Your Home Inspection

Buying a new home is an exciting and significant milestone in anyone's life. However, it's essential to approach the homebuying process with caution and thoroughness to ensure that you're making a sound investment. One crucial step in the homebuying journey is the home inspection. A home inspection is a comprehensive evaluation of a property's condition, aiming to uncover any potential issues or concerns that could affect its value or safety. Below are some tips to remember when navigating a home inspection. Roof and Exterior: The roof is your home's first line of defense against the elements, so it's crucial to…
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Renovating a Bathroom: DIY vs Hiring a Professional

The bathroom is one of the most important and frequently used spaces in a home. Over time, it may start to show signs of wear and tear or become outdated. If you're considering renovating your bathroom, one of the first decisions you'll face is whether to tackle the project yourself or hire a professional. Both options have their pros and cons, and it's essential to weigh them carefully before deciding. DIY Renovation: One of the most significant advantages of a DIY bathroom renovation is the potential cost savings. By doing the work yourself, you eliminate the labor costs associated with…
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Millennials Are Finding Home Buying Overwhelming

Many millennials find home buying overwhelming due to a variety of factors such as high housing prices, student loan debt, competition from investors, economic uncertainty, and a lack of knowledge about the home-buying process. These challenges can make it difficult for millennials to save enough money for a down payment, find a suitable property, and navigate the complex process of buying a home. It is important to note that not all millennials may face these challenges, and there are also many resources available to help first-time homebuyers navigate the process. Housing counseling agencies: These agencies provide guidance and education on…
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How to Run a Quick Financial Health Check Before You Apply for a Mortgage

Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let's take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage. Update (Or Start) Your Monthly Budget First, it is essential to get the basics out of the way. If you haven't already, it's time to start a monthly budget to keep track of your income and expenses. Once you have…
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