What You Need to Know About Filing Insurance Claims

Hurricane Sandy at peak intensity on October 25, 2012

Hurricane Sandy at peak intensity on October 25, 2012

Last week has been a busy week for everyone! Hurricane Sandy took a devastating tool on the east coast. Many were affected by the storms and lots of homes were damaged. Remember, claims are processed on a first-come, first-served basis, the high volume of claims is sure to delay payments significantly. So, if your home was in the devastating path of Sandy, here are some tips to help you in filing your insurance claim!

Maintain an inventory of household items.
Receiving a fair payout for damage to one’s home and belongings begins by making a list of what you own, particularly the more expensive items, including what they cost, even if it’s only an estimate. Taking photos or shooting video while you describe the items and how much you paid for them works too. And, if possible, take digital photos and video, which you can store online on websites like Flickr and Picasa. That way, you can access them in the event your computer is damaged.

If you have receipts saved for your more valuable items, take photos of those, as well.  Continue reading

Moving This Summer?

The weather is great and kids are out of school, now is the ideal time to move to your next home! In general, moving is a stressful thing but can be even more tiring and stressful during the hot summer days! Whether you use professional movers, friends or do it yourself, here are some tips to help you move in less time and enjoy your new home!

1. Planned Packing! Plan to UNPACK before you pack. Make sure to use boxes to pack one room at a time, then label them accordingly to which room it will go in the new home. As you unload the truck, take the boxes for each room directly where the belong. Also, remember to move furniture and large items before you move small boxes.  Continue reading

Questions to Ask A Listing Agent?

The kids have finished school, the pools are open and it’s the perfect time to sell your home! Summer is typically the ideal time to sell homes because people are generally feeling “warm” and have a better desire to move before school starts again. So as you interview various agent, make sure to ask these questions to find the best agent:  Continue reading

10 Easy Mistakes Home Owners Make on Their Taxes

Don’t rouse the IRS or pay more taxes than necessary — know the score on each home tax deduction and credit.

Sin #1: Deducting the wrong year for property taxes
You take a tax deduction for property taxes in the year you (or the holder of your escrow account) actually paid them. Some taxing authorities work a year behind — that is, you’re not billed for 2011 property taxes until 2012. But that’s irrelevant to the feds.

Enter on your federal forms whatever amount you actually paid in 2011, no matter what the date is on your tax bill. Dave Hampton, CPA, tax manager at the Cincinnati accounting firm of Burke & Schindler, has seen home owners confuse payments for different years and claim the incorrect amount. Continue reading

Pay Off Your Mortgage Sooner!

Paid MortgageMost of us dream of the day we finish paying off our mortgage. However, very few people actually do some of the simple steps that it takes to pay off their mortgage fast! Beyond the comfort and security aspect, paying off your mortgage early is a bit like locking in a guaranteed investment return. It can also end up saving you thousands of dollars of interest costs in the long run. Here are a few tips to help you pay off your mortgage early: Continue reading

Water Heaters: 5 Tips for Saving Energy

Your hot water heater eats energy: We want to reduce its appetite. Here are inexpensive things you can do to increase efficiency and cut energy bills.

Saving Energy Tip #1: Wrap your heater in a blanket
Your water heater needs a blanket in the winter to stay warm, especially if it lives in an unheated space. A fiberglass insulating blanket can cut heat loss by 25% to 40% and save 4% to 9% on the average water-heating bill of $308, says the American Council for an Energy Efficient Economy (ACEEE).

Insulating blankets are easy to install and Continue reading

Winter Maintenance Tips

As the days get shorter and nights get longer, temperatures will begin to dip below freezing. Preparing your home for the upcoming winter months can mean the difference between high heating bills and a cozy well cared home with low costs. A bit of early prevention and diligent attention to detail will save you future headaches and bills. Follow these great tips to help keep your home warm without bankrupting yourself with the astronomical heating and energy bills:  Continue reading

Renting Your House!

Whenever you decide you want to move into a bigger home, you have to decide what to do with your current home. For most people, selling is the only option in order to qualify to get a loan on a new home. But for a small percentage, the option to rent is always available. There are many reasons you may choose to rent, it could be because the market isn’t there to get the sales prices you want or you have a temporary job assignment for a few years. Whatever you reasons may be, here the pros and cons of renting your house:  Continue reading

8 Solutions to Common Wet-Basement Problems

Solving wet-basement problems is one of the most important things you can do to protect the value of your home and health of your family.

Some wet basements are easy to cure simply by clearing gutters and by diverting gutter water away from the foundation. But if the problem comes from other sources—water flowing toward the house on the surface, seeping in from underground, or backing up through municipal storm drains—you must take more aggressive action.

Here are eight strategies to keep water out of your basement:  Continue reading

How to Seal Out Drafts and Seal in Comfort!

Caulking and adding new weatherstripping can make old windows more efficient.

Caulking and adding new weatherstripping can make old windows more efficient.

An average home loses up to 30% of its heating and cooling energy through air leaks. The most significant air leaks tend to occur around windows and doors. To stop air leaks and prevent your home heating and cooling dollars from vanishing in the wind, it’s important to seal any air leaks around windows and doors.

Check for air leaks
With windows and doors closed, hold a lit stick of incense near window and door frames where drafts might sneak in. Watch for smoke movement. Note what sources need caulk, sealant, and weather-stripping.  Continue reading