Most landlords already know how essential it is to visit rental property every so often. Of course, screening your tenants will weed out a lot of the bad apples, you still need to visit the property from time to time to be sure that it is in good condition. Don’t forget about the major damage that could be caused to your home from a marijuana grow operation.
If you’ve ever experienced a sewer backup in your home, you know what a mess it can create. Sewer backups can occur when a drainage system simply can’t handle unexpected volumes of water from a major rainstorm or a sudden snow melt. The waste water flows back, through the pipes, into your home. Sewage coming into your home can cause extensive damage, not to mention a serious health risks. Immediate cleanup is required, and can be very expensive. The best way to protect yourself from the financial implications of a sewer backup in your home is to get extra insurance in case of this problem, and to take some actions to prevent it.
Buying a home can be overwhelming. Not only is it one of the biggest purchases you will ever make but there are so many things to consider. Do you want a house with a big yard? Do you require a good school close by? The options can seem endless, but one decision you will ultimately have to make is whether you want to buy an older or newer home.
Becoming a landlord can be tricky and there’s much more to it than just cashing that rent check every month to pay the mortgage. These are some of the biggest mistakes a first time landlord can make:
Deciding to remodel a home is not something that homeowners take lightly. It’s usually pretty costly to do, and take a huge amount of time and effort. On the other hand, your home may be much more livable with a renovation, and the value of the home could also increase.
It can sometimes be difficult to remember all the little things we should be doing to keep our families safe. If there are children in your family, this is something you have often thought about. Luckily there are a lot of observances during the year that remind us to take time out from our busy lives and think about safety. One example is that June is Home Safety Month. Parents especially should take a look at our list of top 5 hidden dangers in the home, and our solutions to some of these hazards.
When buying a new home, there is much to consider. You have the stress of knowing that this is one of the most important purchases you will ever make, but also have a lot of other things to think about. How important is a big yard? Are there good schools nearby? These are just a few of the important decisions to make, but another big one is if you’re looking for a newer or older home.
It seems that your prospective tenant is just what you’re looking for. He informs you that you needn’t bother coming by for the rent each month as he’ll deliver the cash to you, and he isn’t picky at all about the amenities in the rental unit. It seems pretty good, right? Wrong. You should recognize things like those to be giant warning signs.
If you live in a heavily wooded area, it doesn’t take much for a fire to spread from treetop to treetop. People are evacuated when this happens, but there are some steps that you can take to protect your home and family before an evacuation order:
Standard homeowners insurance typically does not cover flooding. After the floods in Alberta, many people now realize this. There are still a lot of people that are not aware of the types of situations that their home insurance will not cover. Following are some of the personal property exclusions, but not necessarily all of them, from standard homeowners insurance: