March 2019

Found 4 blog entries for March 2019.

Water related damage causes millions of dollars of damage every year.  Homeowners insurance generally covers household water damage if the damage is sudden and accidental, such as damage caused by burst piping.  But there are steps that homeowners can take to prevent problems and insurance claims.  A water damage claim can be a red flag to insurers as well as future homebuyers.  It is better to take preventive action than face the risks of increased insurance costs and reduced home marketability.  Here are some ideas for you to consider.

1. Use copper tubing or braided stainless steel over rubber for ice maker supply lines,   dishwashers, toilets and faucets.  Plastic tubing can harden over time and crack.   

2. Install braided, no burst hoses on the

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Do you know how you currently hold title to your property?  Do you own it individually or jointly with another person?  If with another person, do you hold title as “joint tenants” or as “tenants in common”?  The difference could affect what happens to your property after you die.  Therefore, it is important to know and understand how you currently hold title to your property or how you want to take the title on your next purchase for estate planning purposes.

In Georgia, when a property is owned by more than one person (husband and wife for example), the title is typically held as either “Joint Tenants with Rights of Survivorship” (Joint Tenants) or as “Tenants in Common”.   The language in the warranty deed from the prior owner to the current owners

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I recently heard a story of one tough contractor.  He was apparently working off of a ladder in the home of a client, installing some framing at or near the wall and ceiling line.  As you might expect he was using his Paslode nailer to secure a 2x10 to the wall and the homeowner walks in.  It was at this split second that the nail left the Paslode gun and prior to entering the 2x10 entered the finger of the contractor; firmly securing his finger to the 2x10 and wall.  But this was one tough guy; he turns to the homeowner and listens to them while being nailed to the wall.  Once the homeowner finished talking the contractor removed his hammer and pulled the nail from the 2x10 and from his finger, and let a scream that could be heard from miles away.  This

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HomeOne mortgage is a new conventional 3% down payment option for qualified first-time home buyers. HomeOne mortgage serves borrowers without geographic or income restrictions.  The HomeOne mortgage will provide home buyers the flexibility they need to help buyers achieve the milestone of home ownership and overcome the common down payment resource hurdle.

Below are the highlights of the HomeOne Loan Program: 

  • Financing with just 3% down

  • Lower Mortgage Insurance requirements than standard rates

  • No Income Limits

  • Homeownership education course required for at least one borrower

  • Must be an owner-occupied property

  • Includes 1-unit single-family residences, condos and townhouses

  • Must be a

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