Blog - Month: September 2020
Month: September 2020
Is Title Insurance Worth It?
An owner's title insurance is a policy on the deed of your home. It protects you from someone challenging your property ownership because of a circumstance involving a previous owner. With title insurance, you're buying coverage for potential title problems in the past —even if you don't know what they may be at present. The two types of title insurance are the lender's title insurance policy and the owner's insurance policy. Lender's title insurance protects the lender against problems with the title to your property—for example, if someone sues to say that they have a claim against the home. Whereas the owner's title insurance protects an owner from: · Any disagreement about the property lines · Disputes about whether the seller had a right to sell the property to you · Discover undisclosed liens or lawsuits against the property A lender's title insurance policy is required, and now you're considering an owner's insurance policy. To purchase both types of insurance, you can expect to pay somewhere between $1,000 and $4,000 for title insurance, according to CourtHouseDirect.com. If the title is challenged in court, the title company will provide legal counsel and pay the costs involved in defending your position and resolving the dispute, to the extent of coverage outlined in the policy. If an opposing claim of ownership is determined to be valid, the title company will reimburse you for any covered fin
Selling Your Home This Fall: Why Sellers Have an Advantage
Are you contemplating whether or not to sell your home this fall? There are advantages for sellers who, despite initial doubt, are successfully selling their homes and making a profit this season! It’s is not a big secret that this year has brought many unexpected challenges that have affected the economy and the housing market. Regardless, the housing market is bouncing back in a big way. One of the advantages of selling your home now is that there is probably more equity in your home since most homes sell above the asking price due to the low inventory level. Generally, when deciding to sell your home, many things need to be accomplished before putting the “for sale” sign in the front yard. With the current market trends, aside from simple staging and sprucing up, sellers don’t have to make as many improvements when selling and can often sell the home “as-is.” Since the housing market status is ideal for sellers, it is recommended to list your home on a Friday morning to grab more interested buyers' attention. Listing your home early means that there is a substantial chance that you will receive multiple offers on your home, increasing the selling price. The competition is high among buyers, and some buyers may offer incentives to make their offer more appealing to move the sale along faster. Some of the contingencies may include an inspection or appraisal contingency. A buyer may require the seller to make fewer cosmetic updates
Fun Things You Can Do Now to Get in the Fall Spirit
When the weather finally starts to cool down, and the leaves start to change colors, that means you've made it to the best season of the year! What makes autumn so memorable is the endless amount of fall activities that you can do together with your family and remain cost-effective. There's nothing better than biting into a freshly made cinnamon sugar baked pumpkin donut. Instead of buying donuts from your local grocery, try preparing a homemade batch. Adding hot apple cider to complement this delightful treat will create longtime fans in your household. As an added touch to celebrate the season, bring out your fall decorations, including wreaths, pillows, and cozy blankets. The change in atmosphere will put you and your family in the fall spirit. Consider creating a few fun crafts with your children. They will love seeing something they made used to dress up the house. If you are looking for an outside activity to enjoy, here are a few suggestions. Make a fire pit for a bonfire to enjoy with your entire family. They'll love cooking hot dogs or roasting marshmallows on a chilly autumn day. Or try apple picking, check out this list of the best apple picking spots around northeastern Ohio. Take advantage of the cooler weather and plan an epic camping trip with the family. Fewer people camp in the fall, you will experience lower rates, fewer crowds, and fewer bugs, too! This is the perfect opportunity to decompress and prepare for the upcoming holidays. If camp