You've got house insurance, and assume your property is covered for any type of detrimental occurrence that can possibly take place. However, not all homeowners are aware that home insurance policies don't necessarily cover damage related to a flood, as the risks are too great. As a result, homeowners must purchase flood insurance through a private company. Floods are one of the most common hazards in the US, costing billions of dollars in damage to properties every year. Since this is a common issue lately, the federal government updating these policies currently so please talk with your … [Read More...]
For those who live in a condo, they know that there are numerous advantages that come with this living arrangement. Living in a condo means that other people are going to be responsible for landscaping and common areas while homeowners are still able to build equity in the home. At the same time, the HOA has quite a bit of power and one of the biggest concerns that people might have involves who pays for the damage in the event that something in the building has been damaged. There are a few important points to keep in mind. Roof Replacement Contractors Sometimes, the HOA might hire … [Read More...]
Last week’s economic reports included readings from Case-Shiller Home Price Indices, data on pending home sales, and the consumer sentiment index released by the University of Michigan. The Federal Reserve released a statement from its Federal Open Market Committee and Fed Chair Jerome Powell gave a press conference. Weekly readings on mortgage rates and expanded reports on jobless claims were also released. Case-Shiller Home Price Readings Showed Slowing Home Price Gains in May May readings from Case-Shiller Home Price Indices showed no decline in home prices, but the national pace of … [Read More...]
Wednesday’s post-meeting statement of the Federal Reserves Federal Open Market Committee reaffirmed its concern over the coronavirus pandemic and its impact on the economy and health of all Americans. The Committee voted to hold its benchmark target federal funds range at 0.00 percent to 0.25 percent. Analysts do not expect the Fed to raise its key interest rate more than once in the next three years. Federal Reserve Chair Jerome Powell said that the sharp increase in Covid-19 cases in mid-June kept the economy from recovering after the virus pandemic caused a historic plunge in the U.S. … [Read More...]
For many people, their home is the most important investment they will ever make. Therefore, it only makes sense that people will want to spend time improving their house. Sometimes, they simply want to make a nicer place to live. In other cases, they might be looking to raise the value of their home. Regardless, it is important for people to think about the power tools they are going to use to get the job done. The right tool could make the difference between a successful project and having to hire someone else. There are a few tools on the market that every homeowner should consider. A New … [Read More...]
If you're a homeowner, your backyard is probably a space where you look forward to spending private, quality time watching your children play or entertaining dinner guests. The privacy you and your family treasure could suddenly be put at risk if your neighbors finish renovations allowing them to see into your backyard, or if a tree that once hid your backyard from view needs to be removed. If you're looking to reclaim the privacy you've lost in your yard, here are some options you will want to consider. Your Property Line Is A Natural Barrier That You Can Use To Reclaim Your Family's Privacy … [Read More...]
