RE Q&A: Is It OK to Self-Insure Our House?
As property insurance grows more expensive, homeowners study other options. If an owner has paid off the mortgage, is self-insurance an option?
As property insurance grows more expensive, homeowners study other options. If an owner has paid off the mortgage, is self-insurance an option?
Also: A condo board may approve/reject leases based on criteria in the Declaration; a background check found a recent arrest for assault and battery. OK to reject?
Altos Research: Rising rates and economic shifts have slowed down super-eager buyers as the market shifts to “much more normal conditions.”
Many homeowners used some of their home equity via a cash-out refinance when rates were dropping. “Tappable equity” rose to $200K per home in 1Q 2022.
Two other Fla. metros – Cape Coral and North Port – are also in the top 10 Redfin report, with New York City and Chicago top feeder markets.
In addition to a business LinkedIn page, agents should have a personal LinkedIn page that, in addition to a photo, outlines their skills and experience.
In a common problem, one condo-unit owner tries to tell landscapers how do their job, but the association employs them – not that individual owner.
As of April 1, Fannie Mae-backed loans use the ANSI standard for measuring square footage. While it makes the measuring consistent, it also creates confusion.
In the 2010s, mortgage rates averaged only 4.08% – but today’s rates are still a bargain compared to the 1970s (9.03%), the 1980s (12.7%) and the 2000s (6.29%).
With geographical farming, an agent defines a specific area for intense marketing – but success requires more than randomly picking an area off the map.