Sentences with phrase «because vacant homes»

Because vacant homes pose different risk characteristics, they're considered a separate category for insurers, mostly because:
Because vacant homes can be targets for vandals, thieves and squatters, home insurance companies consider them high risks and don't want to provide traditional coverage for them.

Not exact matches

In general, mortgage lenders allow just 75 % of a home's total rental income to be claimed on a mortgage application because rental homes go sometimes vacant.
Developments are taking place everyday so you do nt expect the shadow home secretary's post to be vacant or appoint someone temporarily because someone has chosen to leave without even informing his boss until the last minute.
That trip inspires the trio to open a casino in Frank's large home, which is nearly vacant because of his impending divorce (and the fact that his wife nearly took everything).
It explained how people could potentially buy two or three homes, leaving two or three homes vacant... because they weren't subject to the same pressures... that a typical borrower would have to demonstrate.»
I had no choice but start staging vacant homes because that's all the market called for.
Because vacation homes are often vacant for weeks or months at a time, they have a higher risk for burglary and property damage.
Vacant property insurance may be a wise investment if your home is on the market, especially because it's hard to predict when a house will sell.
On September 27, 2010, even though they are keeping my premiums, they are now cancelling the insurance policy on the old home that is for rent and / or sale because it is vacant.
For example, if you've just purchased a derelict home that you intend on tearing down to rebuild, you will want to insure it on an actual cash value basis because there is no point in getting replacement cost (see our Q&A on How Should I Insure a Vacant Building to learn more).
Vacation rental insurance policies are usually more expensive than primary homeowners insurance, because the home sits vacant more frequently and there's a higher likelihood of filing a claim.
Unoccupied or vacant (no furnishings) homes are considered a higher risk by insurers because no one lives on site to maintain and protect the property.
But because these homes are likely vacant often or have unknown guests, proper protection is more than necessary.
But because of the potentially dangerous situations real estate practitioners find themselves in each day — vacant homes, open houses, chauffeuring strangers to showings — it's imperative to put a premium on precaution.
Should a property not be sold at «Upset Sale» (usually because it has a big mortgage or it is a mobile home or because it is vacant land), then the property is to be exposed for sale in the next «Judicial Sale»; the «Judicial Sale» is the only sale where all encumbrances are wiped out, and payment of the taxes gives you the property free of all other encumbrances of record.
Vacant fixer - upper houses are also excellent seller - finance candidates because, if extensive work is needed, most institutional mortgage lenders will not finance such homes.
One of the reasons that this real estate investor decided to stage his personal home, despite the fact that this would be a pretty heavy price tag, the cost of vacant home staging is 1 % of list price, is because he knows that in the end, he will receive a return on investment greater than the cost of staging.
Our expertise will transform any vacant property listing into a beautifully virtually staged home because we know that marketing and selling a vacant property can be challenging.
I stress staging because I have seen the difference of staging vs vacant homes.
This continuing shrinkage in excess vacant stock is important because it means that in most markets the REO homes on the for - sale market are not competing with an oversized vacant housing inventory.
Vacant homes are a tough sell because the majority of buyers can only see the way it is, not the way it could be.
Solid Science Proves Staged Homes Sell Faster Even if you haven't staged your vacant or occupied home yet, that's OK because evidence shows that it's never too late to stage.
Whether your home is vacant because of a recent move, newly renovated or a newly constructed home, we can help every buyer walking through the door to visualize their lifestyle there.
The home was vacant so I took the opportunity to give myself a tour - it's one I've driven by countless times and always wondered what it's like on the inside because the outside is stunning.
The vacant - home issue — which is linked to a belief that foreign investors are buying properties and leaving them empty because they're speculating or rich enough to simply bank their holdings — has been simmering and occasionally boiling in Vancouver since the early 1990s.
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