Flood insurance is a type of property insurance that covers the damage caused by flooding that is the result of environmental conditions like hurricanes, storms, tidal waters, and mudslides. And according to FEMA, one inch of flood water can cause up to $25,000 worth of damage to your home! While standard homeowners insurance policies likely […]
Before you sell your house to a real estate investor (companies that post we buy houses signs) it is important to take a step back and make sure you’re prepared for what happens next. Many people look to sell their houses fast to avoid a bad situation like foreclosure where you lose everything, medical and […]
Mold is a common household problem that often gets overlooked unlike asbestos and radon. Out of the 1.5 million fungi in the world, about 150,000 are molds. About 20,000 of the species of molds are black molds, so they’re more common than you think. Black mold, also known as Stachybotrys chartarum, is the one that […]
Radon is a naturally occurring radioactive gas caused by the breakdown of uranium in soil, rock, and water. Outdoors, radon dilutes into the air, so it poses no harm to human health. Indoors, radon poses health risks and is the leading cause of lung cancer in people who don’t smoke. Radon in your home can […]
If your home was built before 1980, it may have asbestos in it. But don’t panic, this is quite common and you’re likely safe. Homebuilders in the past used asbestos to insulate buildings and homes against cold weather, noise, and fireproofing and asbestos was a common ingredient in manufactured products like floor and ceiling tiles. […]
Whether you’re selling your house because its a “sellers market” or because you’re facing financial hardship and want to avoid foreclosure, we have some good news for you. You don’t need a good credit score to sell your house. Your credit score only matters when you’re trying to take a loan (mortgage) to buy a […]
If you’ve found lead in your home, you aren’t alone. According to HUD, over 34.6 million homes in the U.S. have lead. This is because lead paint was used in homes up to 1978 and lead pipes till 1986. And just because your home has lead paint and lead pipes, it does not mean you’re […]
Found in the fine print of almost every mortgage is something called an alienation clause. Don’t worry though, it has nothing to do with extraterrestrial life. Alienation clauses, also known as due on sale clauses, simply mean you have to pay your mortgage in full before you can sell the property. The alienation clause was […]
How much you can make selling your house will depend on home size, condition, the amount of land, the local market and any expenses related to your house like a mortgage or home equity loan. If you go the traditional route and sell through a real estate agent, you can expect to pay between 4-6% […]
An encumbrance is a limit on how a home or property owner can use their land. Encumbrances are imposed by a third party like a neighbor or your local government, and encumbrances restrict what you can do with your property. But don’t let the word encumbrance scare you, they’re very common. Mortgages, liens, and zoning […]
Hail happens, and if you have hail damage to your home, know that you aren’t alone. Hail damage is one of the top homeowners claims each year, with approximately one in 35 houses reporting a claim. The amount of hail damage to your home depends on: Wind conditions (wind direction and speed) Hail size (¾” […]
Being a landlord isn’t easy, and running an AirBnB may not pan out how the “gurus” say it will. It’s part of the game. If you’re burned out, you’re not alone. And that’s where we come in. We talk to people in your situation regularly, and help them find solutions to sell their rental properties […]
