Are you aware of the difference between your homeowner’s insurance coverage and a home warranty policy, also known as residential service contract? All homeowners need an insurance policy to cover any loss to the home and to the contents, such as furniture, electronics and your personal belongings, due to vandalism, fire, hurricane, or hail. A homeowner’s policy does not cover any mechanical fai...
What is my home worth?
Your home's value
depends on many factors, including its style and size, amenities, condition
and, of course, location, location, location. In addition, the value of your
real estate investment can be affected by market conditions, interest rates,
supply and demand and the overall strength of the economy. With the Greater
Houston Area experiencing large-scale g...
Home warranties are big business. One out of 5 homes in the U.S. has one of these policies that cover things that homeowners insurance doesn't, from appliance breakdowns to plumbing problems to electrical issues. Some people swear by their home warranty; others have been ripped off by an industry that isn't regulated in some states. A home is the largest purchase most people make in a lifetime. Wh...
American Home Shield, the largest home warranty company in the
nation, received final regulatory approval to acquire HSA Home Warranty
in an acquisition that company officials say is aimed at raising
awareness about the value of home warranties.
“This is an important development, not only for our two businesses
but also for the entire home warranty industry,” says Mark Barry,
You woke up this morning to find it just a little cold this morning, which means winter is on its way. Time to get your home ready for the season.
1. Clean those gutters
Once the leaves fall, remove them and other debris from your home's gutters -- by hand, by scraper or spatula, and finally by a good hose rinse -- so that winter's rain and melting snow can drain.
2. Block those ...
There is a lot of home buying activity in our market right now. So much so, there is a shortage of available properties. Because of this, eager buyers may make decisions in haste to try to beat out the competition. If you are thinking about buying a home consider these common mistakes home buyers make so that you don’t make a decision you’ll regret later.Home shopping without a preapprovalHow unfo...
Many aspects of a home last little more than a decade. Home buyers should be especially vigilant about inspecting these household components because they have a relatively short lifespan, says the National Association of Home Builders.
Aluminum roof coating: 3-7 years
Enameled steel sinks: 5-7 years
Security systems: 5-10 years
Carpet: 8-10 years
Smoke detectors: fewer than 10 years
Texas is one of about 30 states that have disclosure laws that require sellers to tell prospective buyers about any problems, but some sellers aren’t as forthcoming as they should be.Here’s a short list of white lies and misrepresentations that real estate practitioners and regulators say are common and that buyers should be wary of as they shop for a new home:
This room and this lot are really...
ANDREW WHITE- PRESIDENT of NRG HOME SERVICES & ALLIED HOME WARRANTY A client of mine who had purchased her ALLIED HOME WARRANTY in 2008 was recently selling her home. A few items came up from the inspections. She called Allied knowing that she had a policy with them for the past 5 years.The first claim she placed was for a gas leak at the home. NRG (pre...
Home warranties can safe Home Owners and Land Lords a lot of money on repairs. Also known as residential service contracts, home warranty plans vary, which means what they cover varies. Like any other purchase you want the most value for the least amount payable.
Most of my Real Estate transactions include a residential service contract. If I work with Buyers and help to submit ...
your first home can be both an exciting and a scary experience. Many
homeowners are appreciative of any bit of information that would help
make the process less stressful and as painless as possible. Home
insurance is usually a major contributor to the anxieties new
homeowners’ experience. They are often confused about how much insurance
they need. This post will give easy tips ...
WHAT IS YOUR HOME WORTH IN TODAY'S MARKET? Sellers are looking to sell for a variety of reasons. Either they want to downsize, going through a transition in life (divorce, loan modification declined, loan adjusted to a much higher rate), use the money to buy investment properties, sell property to become debt free, help with childrens' college tuition, the list goes on and on. Everyone situation i...