Here are six (6) types of water damage which may or may not be covered by your homeowner’s insurance policy. Sudden and accidental (like a pipe burst) Water backup (backed up drains) Foundation water (plumbing leak in foundation) Seepage or leakage (14 days is a...
What type of life insurance do you need? Term Life – is like renting a home. Whole Life – is like owning a home. Term- Will last for a certain term (like 30years) Goes away after term is up Is cheaper Whole Life- Is permanent Pays at death Is more expensive Call your...
Stan is ready to sell his house. Here are two situations that may arise: 1) Situation 1: Stan signs a contract and sends it to the buyer (= Offer) Buyer signs the contract as presented (= Acceptance) In this event, Stan is under contract and has a deal. 2)...
What does it mean to be sued? Or, to sue someone? Short answer – it means going to court to resolve a dispute. There are really two parts – finding the facts (using documents, witnesses, evidence) applying the law to those facts (the court/jury will apply the law to...
Buying or selling real estate does not need to be intimidating. Here are the simplified steps: Contract is negotiated and signed. Buyer obtains a loan. A title company researches the title to the real estate and issues a Title Commitment (this will lead to an...
Situation 1: – SDPOA I am selling my house. The closing is next week. The Problem – I will be out of town next week for work. The Solution – a Statutory Durable Power of Attorney allows me to designate a person as my agent to sign the closing papers on my...
