Real Estate News

Real Estate News

Real estate Q&A: Insurance discounts tied to quality of shutters

Q: I had hurricane shutters installed in 2000 and received a large discount on my homeowner's insurance. Recently, the insurance company decided to leave Florida. I had a wind-mitigation inspection before getting a new policy, but I did not get the credit because I could not find the certificate stating the wind resistance of the shutters. The company that installed them is long gone, and a call to the county was fruitless. This is costing me a lot of money. Is there anything I can do?

Real Estate News

Don't fall for these tricks when buying a home

When someone is selling a house, it's only natural they use every means possible to cast their home in the best possible light. But sometimes, sellers can cross the line into deceit. And unfortunately, there are some real estate tricks that can hide flaws in a home for sale. Here are six common tricks to watch out for.

Real Estate News

The Mortgage Professor: Mortgage interest rate fundamentals

The largest financial transaction most homeowners undertake is their home mortgage, yet very few fully understand how mortgages are priced. The main component of the price is the mortgage interest rate, and it is the only component borrowers have to pay from the day their loan is disbursed to the day it is fully repaid.

Real Estate News

Real estate Q&A: Seller needs to disclose problems with house

Q: We fell in love with a home and have it under contract at a fair but slightly high price. The inspection report highlighted a ton of issues, none of which was revealed on the contract's seller disclosure form. I thought that the seller would need to reveal this information to any future buyers, so I'm suggesting he sell it to us for a discount. Is this how it works?