Short-term rentals have become controversial to the point that several communities are actively looking to pass regulations or ordinances to prevent the ability of homeowners to engage in short term rentals. Brad Ward, Vice President of Public Policy and Legal Affairs for Michigan Realtors joins us for discussion of the pros and cons of short term rentals on homeowners, potential renters – even on those who sell their home and plan to stay in it for 30 to 60 days as a renting occupant post sale.
Wind and hail damage are the top reasons for homeowners insurance claims in Michigan. Winter weather increases the chances for these claims along with claims for home fires, fallen trees, burst pipes and slip and fall accidents. When you need to file a claim is not the time to realize you aren’t property covered. We discuss what you need to know about homeowners insurance in general such as deductibles and replacement costs with a focus on the specific seasonal issues to be prepared for and how to be sure you have the coverage you need.
A local non-profit wants your no longer needed and gently used mattress, box springs, sofa, dining room table and other essential items. We talk to Robert Boyle, Executive Director of the Furniture Bank of Southeastern Michigan, about the high demand for furniture donations to help local families in need. He shares how your tax-deductible donation helps others have a stable and comfortable home and how your furniture can be picked up for free or for a small fee professional movers can remove donated items for you.
There is no place like home for the holidays, but the holiday season triggers a rise in home fires and other accidents around your home that you want to avoid. We share tips to help you prevent a fire in your kitchen and throughout the rest of your home due to candles or the fireplace. We discuss how to keep elderly guests safe in your home, how to avoid your Christmas tree catching fire and ways to make your home look occupied if you are traveling over the holidays.
As you move into your new home, your focus is often on unpacking and decorating and what you may be missing is home security. We discuss everything from re-keying locks and adding deadbolts to changing batteries in your smoke and carbon monoxide detectors. We share what to look for when it comes to your landscaping and lighting so that your home isn’t an attractive target, why you want to be sure your house numbers are visible and why you want to meet the neighbors.
When a couple decides to divorce, the home becomes an important asset to be addressed. We discuss the importance of all parties working together to yield as much financial value as possible, how the courts may get involved if things stagnate, and the potential financial impact to the parties if they stop paying the mortgage.
If you have gently used furniture that you no longer need, you can help those in need to put that furniture in a new home. We talk to the Executive Director of The Furniture Bank of Southeastern Michigan about the current high demand for furniture. Needed items include mattresses, box springs, couches, dining tables and dressers and The Furniture Bank will pick up these items for free from your porch or garage or if you prefer for a small fee their professional movers can come into your home and remove them for you.
Fall is an important time to take care of your home to prepare it for the harsh winter season to come. From cleaning gutters to draining and turning off exterior faucets we review the things you should be reviewing on the exterior of your home. With all the storms we had this summer, it is important to check the roof and siding now to look for any lose or damaged shingles and siding. On the interior of the home, we talk about preparing the furnace for efficient use, what to look at when it comes to your windows and doors and what you need to review in the attic.
Homeowners insurance is one of those things we only think about when the premiums come due. That is, until something happens to your home and you need to file a claim only to discover something you thought would be covered is not covered at all. In this episode, we debunk 7 common myths about homeowners insurance including whether flood damage and mold are covered, whether everything in your home is covered, and who is responsible to file a claim if your neighbors tree falls in your yard. We also discuss if this insurance is required by law, if bundling is always the best option and if your coverage should match your home value.
The cost of room and board at college and universities continues to climb. Add to that the complications that Covid have brought to group living on a college campus and you may be considering buying a condo or home for your college student a possible solution. We discuss the timing of making a purchase (you should be looking at year out from when you need the property), location as it relates to where the student will be spending time on campus versus purchase price and whether you will want to use a property management company to maintain things.