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.
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.
Open houses have long been a method to market a home and keep sellers happy, but in today’s market and when done correctly, they can be an effective way to help buyers have a level playing field and sell a home quickly. We discuss what goes on to strategically market an open house home (it is more than directional signs and balloons), whether open houses on weekdays get results and what the future looks like for open houses.
Planning and organizing are important steps to help you have a smooth move. We talk about how you can use existing items around your home like suitcases, laundry tubs and even pots and pans to help transport items and using sheets, towels and blankets to wrap items to minimize the amount of purchased supplies you need. We also talk about the use of plastic wrap as a packing aid, the importance of labeling boxes (label the sides not just the top of the box), creating an essential boxes for each room and having an overnight bag you will need the first day at your new home. And if you have kids or pets we have some tips to help you pack with these specials dynamics.
If you envision a career that doesn’t require a college degree, has the freedom and flexibility to create your own schedule and has unlimited income potential then a career in real estate could be a great fit for you. While 87% of new agents fail in the first five years in real estate, our guest went in the opposite direction becoming a top agent in his first 5 years and he shares what attracted him to real estate, how he got started in real estate and what advice he has for those considering a real estate career.