Monday, September 18, 2017 / by Doug And Sandi Eudey
Newly built homes typically come with a one-year warranty on appliances and systems and a 10-year structural warranty provided for by the builder, but an existing home does not typically come with a warranty.
Your homeowners’ insurance, also called hazard insurance, covers the house itself and your personal possessions in case of a fire, theft or damage, but won’t cover you if your AC fails, your water heater tank breaks or your washer and dryer break down; However, there may be some cases that both your Home Warranty and your homeowners’ insurance may cover a portion of the same event. One example of this is severe water damage to the home due to a plumbing failure. If there is extensive remediation that needs to be addressed due to mold, water damaged floors and walls etc., then both coverages will come into play. Again a home warranty usually will cover repair items and homeowners insurance will cover large catastrophic items.
Some homeowners get fr ...
Wednesday, August 30, 2017 / by Doug And Sandi Eudey
1. Should I Buy A Home Or Rent?When you rent, you pay a mortgage – not yours, but your landlord’s. When you pay rent, the money is gone. Sure you have a home, a place to live, but can you tweak it to really make it your own? You might not be able to garden, paint, hang pictures with nails, or have a pet… the list goes on.
When you own your home, property taxes, the interest part of the mortgage payment may be tax deductible. The resulting tax savings can be significant. Plus the house is yours to do whatever you would like to it!
2. The Importance Of A Real Estate AgentAt Amarillo Team, all agents go through extensive educational training before they can practice real estate. Our agents will listen to all your wants and needs to find you your perfect dream home. They are well versed in many different neighborhoods and the pricing of each area.
In any market, hiring an experienced negotiator may save you thousands of dollars. Our agents handle negotiations throu ...