ShieldMyDeal™

What is indemnity insurance for a House? Perhaps you have heard of indemnity insurance when buying or selling a home but weren’t sure if you needed it. Here we look at what an indemnity policy actually is, what it is, how it works, how much it costs, and other helpful details to decide whether you need an indemnity policy to help a house sale run smoothly. The purchasing of property is a high-risk investment, requiring a significant amount of money. The fact that so many things can go wrong has led to insurance products’ development to help take as much uncertainty and stress out of the process as possible. You can be protected by indemnity insurance from some of the most detrimental issues that can occur in property purchases. What Does Indemnity Mean? Indemnification is an agreement under which your liability insurance company helps cover any loss, damage, or liability caused by an insured event. An indemnity policy means that your insurer will cover your losses so that you won’t...

Every home buyer wants to make sure their soon-to-be-bought house is in excellent condition. This is where home inspections come into play. Buyers can be able to learn the flaws of a home and use them to their advantage when negotiating for a better deal. Home inspections are not a required consultation. However, most real estate agents will book an appointment with an inspector to learn about a house’s weak parts. So, a buyer can make a decision about whether to negotiate for a better price or take the deal back if the damage is sufficiently severe. What Is a Home Inspection? A skilled professional assesses the current state of major systems on the property through visual inspection of accessible features in a home inspection. Instead of focusing on cosmetic issues and codes, it focuses on the performance of the home. Property inspections can be done anytime and are often conducted during real estate transactions. A home inspection is: This is a professional-level evaluatio...

Buying a home is exciting and overwhelming at the same time.Whether you're a first time home-buyer or a veteran there's always something new that creeps up. The best advise as an experienced Realtor, that I can give you is, be PREPARED. I cannot emphasize the importance of making sure you have everything checked and cross-checked. This is no easy decision and it's imperative you have the best person working for you, one who is a professionally trained Realtor, who is on top of their game in terms of networking, technological know-how and passionate. More importantly, a licensed professional who has been educated and trained to guide you, advice you and protect you in face of any unfortunate situations. Here are some things for you to consider when thinking of buying: 1. How much can you Afford? Now this is a question you have probably asked yourself many times, and it's probably going to be the first question a good real estate agent will ask you too. How much can you ...