insurance: Understanding HOMEOWNERS INSURANCE...
- 09/24/07 12:55 PM
5 Things to Make Sure You Understand about Your Homeowners Insurance 1. Look for exclusions to coverage. For example, most insurance policies do not cover flood or earthquake damage as a standard item. These coverages must be bought separately. If you are in an area where you would need special coverage, don't wait for a disaster to happen to find out you don't have it! 2. Look for dollar limitations on claims. Even if you are covered for a risk, there may be a limit on how much the insurer will pay. For example, many policies limit the amount paid for stolen jewelry unless items are … (0 comments)
insurance: For Buyers...PREPARING FOR HOME OWNERSHIP
- 09/24/07 12:14 PM
For all of my buyers out there, here are 10 Steps to help you Prepare for Home Ownership: 1. Decide how much home you can afford. Generally, you can afford a home that is equal in value to about two and a half times your gross income. 2. Develop a wish list of what you'd like your home to have. Then prioritize your "Top Five Must Haves" and keep this list with you.3. Select three or four neighborhoods you'd like to live in. Consider items such as schools, recreational facilities, shopping, easy access to highways, traffic, area expansion plans, and safety.4. Determine if you have enough … (0 comments)
5 Things to Make Sure You Understand about Your Homeowners Insurance;)
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