Richard Dumont's Blog
When relocating to a new home, you’ll need to plan to pack, hire movers, and to change your address with the post office but don’t forget to update your car insurance. If you’re moving to a new state or just to a new zip code, you will have to make some changes to your insurance to ensure you’re covered at your new residence.
Do You Have to Change Your Car Insurance When You Move?
Each state, and sometimes counties and cities, set the requirements for auto insurance coverage. Some states require a higher level of accident coverage, while others may require a coverage lower than what you already have. You need to adjust your policy to suit the demand of the state. If your current coverage meets the requirements, your premiums may still change.
Decide on an Insurance Provider
As soon as you are confident you will move, contact your insurance company to see if they conduct business in your new state. Ask your insurance agent about the rules of your prospective state and if you need to change your policy. Doing this early gives you enough time to make the necessary adjustments and have them in place for when you move. If the company you use does not operate in your new state, take some time to research your options.
Insurance costs vary from one carrier to the next because each company emphasizes different factors that might affect your vehicle in your new location. If you need to change your current insurance company, plan to compare prices and policies from at least three different carriers before deciding on which provider you want.
Some states in the US require car owners to have "no-fault" insurance coverage. No-fault coverage means that a car owner's insurance company covers any loss, medical bill, or funeral expenses caused by a car accident irrespective of whose fault the accident was (yours or the other driver). You have to find out if your new state has such a law so that you can put the required coverage in place.
Insurance companies factor the chances of various events occurring before determining your premium. Relocating to another state might increase or decrease the likelihood of you making a claim due to theft, vandalism, or accidents. If you move from a small town to a larger city, it is likely your payments will increase.
For more clarification on your car insurance, speak to an agent in your insurance company before the day of the move. Your realtor can recommend the best options for you to choose from in your new location, so add that to your talking points for the next meeting.
Are you getting ready to add your house to the real estate market? Before you list your residence, it may be worthwhile to interview several real estate agents.
Hiring the right real estate agent can make a world of difference for any home seller, at any time. In fact, with the right real estate agent at your disposal, you can increase the likelihood of a quick, seamless and profitable home selling experience.
Ultimately, there are many reasons to interview various real estate agents prior to listing your home, and these include:
1. You can find a real estate agent who makes you feel comfortable.
It's one thing to read a real estate agent's online profile; it's another to actually sit down, interview a real estate agent and find out whether you're comfortable working with this housing market professional.
When it comes to finding a real estate agent to help you sell your home, nothing beats a face-to-face interview. This meeting will enable you to learn about a real estate agent's personality and demeanor and ask this person how he or she will approach the process of selling your home.
Setting up meetings with several real estate agents will enable you to evaluate a wide range of housing market professionals. Then, you can select a real estate agent who makes you feel good about the home selling process.
2. You can employ a real estate agent with extensive industry experience.
Allocating the necessary time and resources to assess a real estate agent's experience is paramount. That way, you can find out if a real estate agent has what it takes to sell your home and optimize its value.
With several real estate agent interviews, you can evaluate multiple housing market professionals and their respective industry experience. As a result, you'll be better equipped than ever before to hire a real estate expert to help you sell your residence.
3. You can work with a real estate agent who won't take "No" for an answer.
The right real estate agent will go above and beyond the call of duty to assist you in any way possible. If you meet with multiple real estate agents, you can find one who is dedicated to excellence in everything that he or she does.
Ideally, you should try to hire a real estate agent who is persistent and pays attention to even the minor details. This housing market professional won't take "No" for an answer, and as such, can help you overcome myriad challenges throughout the home selling process.
Of course, during real estate agent interviews, you should ask a housing market professional how he or she handles tough situations. Whether it's a difficult negotiation with a homebuyer or a slow housing market, the right real estate agent will know how to handle adversity time and time again.
Kick off real estate agent interviews today – you'll be glad you did. And once you find the right real estate agent, you should have no trouble listing your home and getting the best price for it.
If you’re trying to decide whether or not you should put a pool in at your home, there’s a lot to think about. You don’t want to regret spending a sizable amount of money. You may picture a life of luxury with a pool, but there’s a lot involved with the installation of it. It can be quite an ongoing investment to put in a pool. Maintenance, repairs, and more are involved. Depending upon the climate you live in, you may need to put a cover on the pool during the offseason as well.
When Putting In A Pool Is A No-Brainer
If you live in a warm climate like California, Florida, Hawaii, Or Arizona, it makes total sense to invest in a pool. these places get the maximum benefit from pool installation since the pool can be used the whole year through.
If you have a large yard and are able to accommodate both a pool and some yard space, it’s also not a bad idea to put in a pool. The important thing is that you understand that you’re not always going to get a return on your investment when you sell your home. Not all homebuyers like pools and often the presence of a pool can even deter some buyers from even looking at the home.
Questions To Ask Regarding Return On Investment:
- Does a pool fit in with the neighborhood?
- Is the pool in good condition?
- How old is the pool?
The idea with homes that have pools is to attract the right buyers. Many times, families with young children stay away from properties with pools since they see it as a safety hazard. Other home shoppers may fall in love with the property because of the pool. The important thing about putting in a pool is knowing that you as a homeowner will enjoy the feature.
The average cost to put in a pool in the US is around $30,000. That’s just a basic pool. You’ll probably need to add a few more details like fencing, pool furniture, and more landscaping. That can cause the total investment to rise significantly. The type of pool that you choose also has an effect on the cost of the project. Don’t forget about the added energy expenses of running a filter and putting a heater in the pool.
When you have a pool, you’ll need to change the type of insurance that you have. The pool can increase your insurance costs significantly. There also could be certain requirements set forth by the insurance company, such as the pool needing to be fenced in.
While adding a pool to your home may make your life more enjoyable, it may not add to the value and return you get on your home. Don’t over invest in an amenity that won’t give you the returns your looking for unless you’re prepared and know that you as a homeowner will truly enjoy the pool.
When your home is on the market, you can’t always anticipate when you’ll get a call from your real estate agent that a buyer wants to see it. Trying to keep your home in perfect condition can add stress to an already complex time, but if you practice these tips, your sparkling bathroom is sure to win them over.
With closing day rapidly approaching, you're almost to the finish line of your home purchase. However, before you complete your home purchase, you will need to conduct a final walk-through of the property.
Ultimately, a final walk-through offers a valuable opportunity to identify any last-minute problems with a residence. If you encounter any issues during a final walk-through, you can ensure that the seller can correct these problems prior to a home closing.
Preparing for a final walk-through is key. Lucky for you, we're here to help you get ready for a final walk-through so that you can complete a successful home purchase.
Now, let's take a look at three tips to help you prep for a final walk-through.
1. Avoid a Closing Day Walk-Through
When it comes to a final walk-through, it pays to be cautious. Thus, you should give yourself plenty of time to set up a final walk-through. This will allow you to avoid the dangers associated with finding home problems on the same day as a house closing.
Try to schedule your final walk-through at least a few days before you close on a residence. That way, if you discover problems with a house, you can ask the seller to respond to these issues and reduce the risk of a home closing delay.
2. Keep an Eye Out for the Seller's Leftover Belongings
A final walk-through gives you an opportunity to view a house that is virtually empty. But if you find that a seller has left behind various belongings, you should not hesitate to ask the seller to remove his or her possessions.
Furthermore, a home seller should leave a house in "broom-swept" condition; this means a home's walls, floors and other surfaces should be dust- and dirt-free. If you find trash and other debris in a home, you can ask the seller to clean the property.
3. Be Ready to Test All Appliances
A homebuyer may acquire a refrigerator, washer, dryer and other appliances as part of a home purchase. These items often are expensive to replace, and as such, you'll want to make sure they work properly during a final walk-through.
If an appliance does not perform as required, you have the right to request that the seller repair or replace the appliance. Or, you may be able to receive financial compensation for the defective appliance.
When it comes to prepping for a final walk-through, there is no reason to work alone. Fortunately, if you collaborate with an expert real estate agent, you can receive plenty of support in the days leading up to a home closing.
In addition to providing homebuying assistance, a top-notch real estate agent is happy to attend a final walk-through. By doing so, this housing market professional can help you identify any potential home problems and resolve such issues as quickly as possible.
Plan ahead for a final walk-through, and you can avoid the risk of discovering assorted home problems after you close on a residence.