Archive for the 'General Real Estate' Category

Homeowners Insurance The Whats and Whys

It is hard to imagine having to rebuild your home after and act of nature for example, so it is important to protect it as best you can; by using some forward thinking and preparation, many events no matter how bad, can be dealt with. There are always going to be problems and we all have to do our best to protect what is valuable from natural events and also from people who want to cause us and our homes damage. Protecting you property is just a matter of arranging a homeowners insurance policy with an insurance company which in return for your regular contribution, they will pay out an agreed amount of money should a claim be made.

Typical situations covered by most house insurance policies are damage to the property, possessions, theft of items, acts of vandalism and of course, fire. There is normally a limit on how much will be paid out which would cover the average home but there will almost always be a deductible to include in the calculations as well.

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Outlawing Dual Agency?

As I was surfing the web this post on outlawing dual agency got my attention. The author is apparently a real estate agent in Seattle Washington and he relates the story of his cousin’s ordeal.

Trevor (the author) attempts to clarify which type of dual agency should be outlawed. He believes that 2 different agents in the same company each representing a buyer and seller is fine. It is when one agent represents both buyer and seller that there is a problem.

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A message for a Happy Easter

Here wishing you a Happy Easter for you, your friends and family.

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Existing-home sales down 11% in Triad and 20% statewide

According to the sources quoted in the Winston Salem Journal:

Existing home sales are down 11% in the Triad area and down 20% throughout the state of North Carolina. In addition they state that average sales prices of homes in the area have dropped 7%.

Will the buyers again begin ruling the day. Hard to say with all the “mortgage reform” action going on.

(continue here…)

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“Sallie Melendez: New resident delighted with Greensboro”

After living in the San Francisco Bay area for years hear what Sallie Melendez has to say about her move to Greenboro, NC.

“Sallie Melendez: New resident delighted with Greensboro” : News-Record.com : Greensboro, North Carolina
The quality of any community cannot be measured by how large homes are or by what types of cars people drive, not even by the degree of wealth enjoyed by certain of its residents. At the end of the day, the only yardstick by which the quality of a community can be accurately measured is by the way everyone treats one another.

If you are interested in moving to Greensboro also feel free to contact me.

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