When it comes to buying residential real estate, homeowners insurance plans are necessary. For one thing, the lender would require you to have coverage before you could close the deal. That way, they have protection. After all, until you pay off your mortgage loan, the lender owns the asset. So, it wants to do everything possible to avoid losing money.
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Shopping for home insurance can be frustrating.
First, there’s the actual cost involved. Rates can vary among companies…a lot.
And then of course, there’s the industry lingo that can be both confusing and obscure.
Finding the best rates on homeowners insurance can be a little time consuming, but when you add up the savings, it’s definitely worth it.
Who wants to pay more than they have to, right?
Many ask often what value is there in creating a home inventory. Here are many reasons why you might consider compiling a home inventory.
Finally, we share DIY projects tip 6, tracking costs and updating your home inventory. In the middle and at the end of a project, most of us forget to keep track of the actual costs, receipts, and any warranties for the things we buy.
Ongoing visibility into the things you own is important so that when warranties run out, you can update them. Or replace them with a working item if the original item should break prior to the warranty expiring. Read More
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