Archive for October, 2013

Everything You Read on the Internet Isn’t True!

October 28, 2013

insurance_claimIn a recent report from, Georgia homeowners only pay an average of 6 percent more for their homeowner’s insurance after making one claim. That puts Georgia among 18 states that are below the national average of 9 percent.

While on the surface this seems like a big relief, tread lightly down the path of filing claims. First of all, I recommend carrying higher deductibles on your policy to discourage turning in small claims. Most property insurance companies now have a minimum deductible of $1,000 on new policies going forward. The higher deductible also saves premium dollars over the years.

While there are many types of losses that are covered under a homeowner’s insurance policy, turning all of them in can lead to your policy being canceled. After the policy has been canceled, you’ll then be placed in a high risk pool for insurance, with a rate 3-5 times more than you are currently paying. (more…)

Paint it Black!

October 21, 2013

black_houseHow do you like this black house in Germany? Do you find it spooky or classy? Could black be the new “it” color when it comes to choosing home exterior color?

Probably not.

This black house in Mohringen, Germany is actually an art installation! The house had been scheduled for demolition, and the artist wanted to do a tribute to the house before it was bulldozed. Guess what they put up in its place once it was demolished – an art gallery! (more…)

Go Higher on Your “Higher and Best” Offer!

October 14, 2013

best offerNot long ago, I was at a backyard barbeque, sipping my drink and idly listening to the various conversations surrounding me. Along with the typical discussions surrounding the NFL, college football and baseball, I overheard an overwrought voice above the fray stating, “We offered full price! And, we didn’t get the house!”

Obviously, my interest was piqued! I stood up on my toes to find who owned that voice. I made my way towards her, frantically trying to place in my mind from where I knew her. By the time I got over there, I realized that it was Janice, who lives across the street from my friend. I had noticed that the sign in her yard was sporting a jaunty under contract sign on it. I had intended to congratulate her on that accomplishment sometime during the barbeque.

I took a deep breath, had another sip, and casually insinuated myself into this conversation. “Go on,” I encouraged, “Tell me what happened!” (more…)

Will My Deal Survive the Government Shutdown?

October 7, 2013

government_shutdownThe current shutdown of the U.S. Government could have an effect on contracts that you have pending or contracts that you write during the shutdown. Borrowers and agents should check with the specific Lender on each loan. Any sale that has a pending loan that was not fully approved and cleared to close with the closing package sent to the closing attorney as of midnight on Sep. 30 should expect delays to the closing. (more…)