A short sale is when someone sells his or her house, with approval from the mortgage lender, for less than what they owe on the mortgage. In essence, the lender is agreeing to take less money than they could legally require the mortgage holder to pay.
Labor Day weekend is here and millions of Americans are set to take to the roads for a final end-of-summer trip with the family. We at CoverHound have already let you know that the roads are expected to be busier than the past few years, as more people are planning to take a trip, but there's some good news if you have similar plans. According to USA Today, gas prices are expected to be much lower this Labor Day weekend compared to last year.
Purchasing your first home means you will also need homeowners insurance. This type of coverage will vary depending on numerous factors such as size, location, occupants, and structure, among others. When you are in the market for homeowners insurance, you will need to realize that not everything will be covered.
Suzuki Motor of America, Inc. is recalling 19,000 2010-13 Kizashi sedans because spiders are so enticed by the gasoline vapors, they crawl into the vehicle's equipment and build webs, which disrupt ventilation.
If you're a first-time homebuyer, all of the jargon and procedures can be confusing. There are appraisals, inspections, warranties - implied and otherwise - and the much-talked-about homeowners insurance. What do all of these things mean?
According to The Street, MobilEye is designing the first technologies that will enable vehicles to be autonomous at highway speeds.
Despite the higher risk of earthquakes in California, most residents don't have enough coverage to protect their home and their belongings from damage from an earthquake. According to the California Earthquake Authority, only one in 10 California residents has earthquake coverage.
Just as driving a motorcycle is different than driving a car, the same can be said for insurance. Having auto insurance does not mean you are also covered when driving a motorcycle, and vice -versa.
Before potential homeowners connect with a real estate agent and take the plunge into house hunting, they should first decide if they're ready for the real estate commitment. Here are numerous ways to know you're ready:
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