If you are in the market for new home, you are already aware that buying a new house comes with plenty of expenses. You must have a down payment, closing costs as well as cover the cost of a home inspection. While you may be tempted to skip the home inspection as an unnecessary expense, […]
If you live in a development that has a Homeowners association (HOA), you already know they are designed to maintain the shared community parks, playgrounds and even swimming pools. However, a HOA comes with a fee that can be monthly, quarterly or even yearly. These HOA fees are used to cover repairs or upgrades to […]
The average rate on a 30-year mortgage rate just hit 7% last week, which is now the highest it has been since 2002. The interest rate increase has pushed the average monthly payment to buy a new home to $2,760 in September from just $1,561 a year ago, according to data from Business Insider. While […]
Hurricane Ian caused massive damage when it came ashore in southern Florida. One of the most damaging features of Ian was the storm surge which left behind tons of mud, water, muck, and mold where water rushed into homes. Unfortunately, many Floridians are not carrying a separate flood insurance policy to help cover the cost […]
Owning a home is huge financial commitment. There is the cost of the mortgage as well as maintenance costs and the cost of insuring your home. When it comes to insurance, the price you pay for coverage can vary dramatically depending on the variety of factors. Insurers consider the location of your home, the cost […]
Inflation is not only hitting consumer goods such as food and cars, but also impacting the cost of homeowners insurance. While the inflation rate recently hit 8.3 percent over the past 12 months, homeowner insurance has skyrocketed even more. Recently, Policygenius, ran the numbers and found that the cost to insure a home is up […]
Insuring your home can be confusing, there are dozens of insurers to choose from and while most insurance policies are pretty standard, there can be differences. One issue that crops up is the difference between homeowners insurance and hazard insurance. If you are currently shopping for coverage and wondering how hazard insurance is different than […]
Homeowners in Florida were already dealing with expensive and sometimes difficult to get homeowners insurance before Hurricane Ian hit and unfortunately the storm will most likely make the insurance market even more challenging. Many major insurance companies have pulled out of the Florida market altogether which means that most of the insurers in Florida are […]
If you have recently filed a claim on your homeowners insurance there is a good chance they have assigned an insurance adjuster to assess your claim. If you are wondering, “What exactly does a home insurance adjuster do,” you have come to the right place. An insurance adjuster will investigate your loss as well as […]
Owning a home comes with a ton of benefits and one of those is your ability to deduct real estate taxes on your federal tax return. The savings may not stop there, in many cases you can also deduct the taxes paid on certain personal property types such as boats, cars or recreational vehicles. We […]