One of the many hidden costs associated with older, foreclosed or distressed homes is a higher homeowners insurance premium. Here’s a glimpse at the causes behind the calculations: Does your house have a history? Filing a claim doesn’t automatically increase your insurance premiums, but a history of frequent claims could—and not just your claims. Before you buy a resale home, ask the seller for a C.L.U.E. or A-PLUS report. If the home you’re eyeing seems accident prone, that should raise red flags for you, not…
If you’re considering a move to Colorado and are wondering about the local job climate, you’ll be happy to learn that Douglas County, Colorado was ranked #4 in the nation for job growth in 2011 by CNN Money in their article “Where the jobs are.” A big part of the reason for this county’s impressive job stats is the six Fortune 500 companies that make their headquarters there. Companies like Sprint Nextel and Dish Network provide hundreds of jobs for Douglas County residents. Nestled just…
There has been a lot of buzz about today’s housing market, but current conditions can be beneficial to homebuyers for several reasons. Here are five things to keep in mind during your home search. 1. Homebuilding is cyclical Everyone knows the housing market is in a down cycle, but what many people may not understand is this: Homebuilding is a cyclical business, not unlike the airline and automotive industries. The last housing downturn occurred in the late 1980s and early 1990s. What does that mean…
Can’t find your favorite pair of pumps? Daunted by the giant pile of papers in the back? Or just trying to make a little more space? Whatever your closet challenges, it’s time to tame the turmoil and de-stress your closet space with our 8 closet organization ideas: 1. Be merciless. That yoga mat you haven’t used in 5 years, the shoes that don’t match any outfit, those skinny jeans from high school—it’s time to toss them! Plan a yard sale, donate to charity or give…
The number of foreclosed homes available right now is causing buyers to consider them as an option when they might have passed these as-is homes by in a better housing market. Many people assume these homes are cost effective, but that may not always be the case. Buying a foreclosed home tends to come with challenges homebuyers don’t expect. “As-is” condition It’s no secret that foreclosed homes are not always in great shape. Once homeowners realize they’re heading for foreclosure, they’re less likely to keep…
