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Listing courtesy of EXIT Platinum Plus Realty
Once you have purchased a home and become a homeowner, you will have certain responsibilities. Obtaining the proper insurance for your home is an important first step. Most homeowners have liability insurance, but they don't actually understand their responsibility as a homeowner. When you own a home, you can be held responsible for any injury that happens on your property. Unfortunately, that also includes things that you have no control over.
There are many instances when a homeowner can be held liable, such as if someone slips on your doorstep and is injured, if a tree on your property falls and damages your neighbors property or even if your pet bites a visitor to your home.
What most homeowners will find surprising is that that even people who trespasss on your property and then injury themselves actually have legal recourse. The law states that once the owner is aware that there is a trespasser present on the property or can reasonably anticipate that a trespasser may be present, then the owner actually has a duty to exercise ordinary care in order to avoid injuring the trespasser.
It is important for homeowners to be aware of where their liability responsibility is and to make sure they have adequate insurance to cover any damages. For many people, the coverage included with their regular homeowners policy is enough. But in some situations, you may want more. Some common reasons to get more coverage include:
As in all home owner insurance matters, take care to read your policy carefully. If you have questions about your premises liability coverage, ask your insurance agent. You might need separate riders to provide all the liability coverage necessary for your situation.
If you are planning on purchasing a new home and will be obtaining mortgage financing, you will have many different mortgage loan programs to choose from. It can be confusing to decide which will be best for your situation with all the different choices on the market today. However, the vast majority of them are fixed rate mortgages with a 15 year or 30 year term. These traditional mortgages are amortizing, which means that you pay off the entire loan amount by the end of the term of the loan. While these are still the most common type of loan, there are advantages and drawbacks to these mortgages. Depending on your financial situation, and the prospects of changes in your financial future, a fixed rate mortgage may or may not be the best product for you.
Below are some of the pro's and con's of fixed rate mortgages:
Interest rate on your mortgage cannot be increased for the life of your loan
Monthly payment will remain the same for the life of the loan
Loan will be completely paid off by the end of the term
Fixed Rate mortgages are very common and standard and finding a lender who offers this loan will be easy.
The current real estate market can make selling your home can be challenging. It may make it more difficult if you have some rooms that may be on the small side.
Small rooms can feel confining and uncomfortable, but you don't need to do a total remodel to make your rooms feel larger. By utilizing certain design concepts that fool the eye and the rooms seem much bigger and spacious. Below are some simple tips you can take to help make these rooms appear more spacious and inviting to prospective buyers.
1.Painting the room with light colors such as pastels, neutrals and white are a better alternative to “bright” or dark colors.
2. Avoid all clutter. Even on the walls it is best to use one larger painting rather than several small decorative paintings or pictures.
3. Any room will look larger if it's well-lit, either by natural light or artificial lighting. Get rid of heavy draperies and open up the windows to let the light of the outdoors into the space.
4. Mirrors are a must as they add dimension to the room by reflecting images, light and colors. Mirrors provide a “see through” feel to the room.
5. Be mindful of the furniture you select for the room. Large and bulky pieces of furniture should be removed. Using just a few smaller pieces in the middle of the room will improve the appearnce of space.
6. If possible choose glass tables, they open up the room and help to establish a larger room feel.
Use vertical space for storage. Add a hutch or floor-to-ceiling bookcases as a storage solution to reduce the amount of floor space taken.
Making the move to a new home and leaving your familiar surroundings can be a stressful on both you and your pet. It can be even more difficult for your beloved pets when moving because they have no idea why all the commotion! It is important to have a plan and take your pet's needs into consideration to have a smooth transition for everyone. Below are some tips to help you get started!
Most homeowners don't realize just how many toxins they have inside their home. These toxins can be found in many household items that are used on a daily basis. These toxins can be especially dangerous if someone in your home has allergies or asthma. Below are a a list of simple changes that you can make to make your home free of toxins.
Cleaners: Most cleaners you purchase at the store contain toxins and irritants that can cause breathing difficulties, such as bleach and ammonia. You may use cleaners on a daily basis contain many powerful cleaning agents that contain toxins that can cause problems. The good news is that there are many alternatives on the market today that do just as a good of job cleaning but are much more safer to both the environment but to those that live in your home!
Paint: Paint has traditionally been high odor substance that contains potential toxins. There are many 'green' paint options available today that are not only low odor but that have no cancer causing toxins (also called VOCs). Look for paints that have been certified by Green Seal. Benhamin Moore also has a Natua line of paints that are just as rich and durable, just water based and much safer.
Air Fresheners: Everyone loves their home to smell fresh, but items like air fresheners, candles and fragrances contain synthetic components that can cause irritation to the lungs. In addition to irritants some can contain a chemical called 'phthalates', which has been shown to cause birth defects, hormone disruption and reproduction problems. Look for alternative candles or scents that have essential oils instead of synthetic fragrances.
Furniture: Many people don't think of furniture as being toxic but if your furniture is old and worn it main contain flame retardants called PBDE's that can cause serious health problems. These chemicals can effect brain, nervous or reproduction problems. Be informed that stain repellents on furniture can also contains toxic chemicals such as formaldehyde. Do your research before putting any repellent on your furniture.
Also consider adding houseplants - they help filter the air and add a sense of life to any home. If you don't already have one, using a bagless vacuum cleaner with a HEPA filter can greatly help to improve the air quality in your home.