5 Things To Know About Severe Weather And Homeowners Insurance

The average homeowner feels secure knowing they have insurance in the event of a severe weather calamity. Most people believe that no matter what happens, they have paid for protection against disaster. Unfortunately, not every homeowners insurance policy provides full reimbursement from severe weather losses. Hurricanes, tornados, earthquakes and other rare catastrophes may not be covered under your current policy. Consider the impact of these extreme events and whether you are fully insured for the subsequent losses. 1: Hurricane Damage May Not Be Fully Covered The recent national mobilization to deal with the fallout from Hurricane Florence highlights just how…
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What’s Ahead For Mortgage Rates This Week – September 24th, 2018

Last week's economic releases included readings on the NAHB Housing Market Index, sales of pre-owned homes, and housing starts. Weekly readings on mortgage rates and first-time jobless claims were also released. NAHB: Home Builder Confidence in Market Conditions Holds Steady The National Association of Home Builders reported an index reading of 67 for September, which matched August's reading. Growing concerns over impacts of tariffs on building material costs have slowed builders' confidence in current and future market conditions. Components of the NAHB Housing Market Index include readings on current conditions, which gained one point to 74; builder confidence in market…
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4 Things You Should Know About Easements, Right Of Ways

Robert Frost once wrote that "Good fences make good neighbors." The poet was not referring to people bonding over the task of mending fences. Rather, defined boundaries are an important facet of neighborly relationships. Without clearly defined property lines and rights, otherwise good people too often become embroiled in land disputes. That's why a basic knowledge about easements and right of ways can help property owners maintain a working friendship with people whose land abuts yours. These are four of the important elements about easements and right of ways you should know. 1: Types of Easements An easement allows another…
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