Guest Forrest Wall, CEO of Homebuilders Association of Michigan, joins us to discuss the Parade of Homes happening in SE Michigan showcasing 41 model and pre-construction homes. We also talk about the popular trends buyers want in homes, what has new permits down over last year, what state and local government can do to entice more new construction and other factors impacting the building industry.
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.
Saving for the down payment on a home is one of the most challenging parts to home ownership, especially for first-time buyers. We discuss some of the down payment assistance programs available and why it is important that you be open with your agent about situation so they can help recommend lenders and sources right for you. We also discuss tips to help buyers get their offer accepted in our current competitive market conditions.
The Super Bowl kicks-off the real estate season. As more buyers are starting to look for homes and enter the market, we share tips on what buyers need to do to be prepared and when concessions can be helpful to get you a home.
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.
Whether it’s the result of a storm or burst pipe, when your basement floods you are left with a mess to clean up. Taking quick action can help minimize the amount of damage and prevent mold and mildew and we share 9 key things you need to do. Starting with making sure your basement is safe to enter by turning off any power to removing the water, drying things out and reviewing the exterior of your home to prevent future issues we share tips from experts to help you act quickly.
Summer storms knocking out power can be inconvenient, but what happens when the home you are buying or selling becomes damaged by storms? We discuss what sellers should do in the event their home is storm damaged while on the market and in a word it is: disclosure. Sellers want to be sure to disclose any damage that was done and what repairs and remediation was done to the home. We share the options available to buyers and that ranges from walking away from a deal to negotiating and working with the seller to see the deal through. We also talk about what causes flooding in homes and what a homeowner can do to help protect their home and the role local municipalities play in preventing flooding.
There are several things you should do when moving into your new home to help insure you have a safe and secure environment. We discuss the importance of changing or re-keying your doors and resetting passcodes for digital entry systems to your home as well as changing the batteries and checking that smoke detectors and carbon monoxide detectors are working. We share why you should check your hot water heater and dryer vent as well as checking that your house numbers are easily visible to first responders, We also cover what to look at when it comes to landscaping and lighting and the easiest tip which is to introduce yourself to your neighbors.