David Myers
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Paying small 'inspection fee' could save thousands of dollars in troubleNov 05, 2021 12:13 pm - No buyer wants to shoulder the cost of an inspector's fee, but it's money well-spent if the inspection uncovers hidden problems. Q. We signed a contract to buy a hou...
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Homeowner should think twice before canceling insurance escalator clauseNov 05, 2021 10:18 am - Home prices are lower in many areas, but it doesn't necessarily mean that owners should cancel a common provision in many insurance policies that protect against the ris...
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Homeowners, buyers shouldn't fret about closed credit-card accountNov 04, 2021 10:32 pm - Several banks are closing dormant credit-card accounts, but there are some easy ways for homeowners and buyers to protect themselves against a long-term drop in their ov...
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Soldiers fighting overseas can get extra protection from foreclosureNov 04, 2021 8:50 pm - A federal law approved in 2003 protects most servicemen and servicewomen from losing their house or apartment if they're deployed in another country. Q. My husband is in...
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FDIC guarantees your deposits, not your paymentsNov 04, 2021 8:03 pm - When the Federal Deposit Insurance Corp. seizes a bank, it reimburses most of the savers. Borrowers, however, still need to repay their mortgages. Q. The bank that gave ...
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Sale of second home could trigger big tax billNov 04, 2021 7:02 pm - Most people who sell their full-time residence can keep all of their profit tax free, but the Internal Revenue Service does not extend the same tax privileges to those w...
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Splitting, cracking roof may lead to even bigger problems in the futureNov 04, 2021 3:25 pm - No homeowner likes to pay for roof repairs, but it's better to get the work done quickly rather than face even more problems down the road. Q. The home we have lived in ...
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Savvy sellers offer buyers a home-warranty planNov 04, 2021 2:39 pm - Most home sales today involve the use of a home warranty, which can protect both parties from a myriad of costly problems that could occur after a transaction closes. Se...
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Pre-inspection can help a home sell more quicklyNov 04, 2021 1:41 pm - A growing number of home sellers are paying for an inspection of their property before they put it on the market. Q. I am planning to list my home for sale, and the ...
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Real estate bloggers can protect themselves from libel lawsuitsNov 04, 2021 12:28 am - Thousands of real estate blogs have been created in the past few years, but their operators and message writers can be sued if their comments are libelous. Q. I operate ...