Is it smart to pay off your house early?
Is it smart to pay off your house early?
Paying off your mortgage early frees up that future money for other uses. While it’s true you may lose the tax deduction on mortgage interest, you may still save a considerable amount on servicing the debt. Nov 11, 2021
What is a mortgage binder?
Binders are typically used to show evidence of things like property liability coverage to a lender, or when buying a new property. Your home insurance binder will be required for the underwriting process and before you close on a mortgage. Binders often include information about your coverage, like policy limits. Jan 14, 2022
Can you insure a house before you own it?
Yes. you will need to arrange both buildings and contents insurance. If you are a first time buyer, then you may have bought contents insurance for your belongings but buildings insurance will be new to you.
What should you not say to an insurance adjuster?
The top 5 things to not say to an insurance adjuster are admitting fault, saying that you are not hurt, describing your injuries, speculating about what happened, or saying anything on the record. Doing any of these things after a car accident can undermine your insurance and personal injury claim. Nov 23, 2021
How do I scare my property insurance adjuster?
One way to scare an insurance adjuster is to let them realize you are poised to negotiate and know your rights. Work up a settlement amount that you believe you should receive if their first offer isn’t reasonable. Don’t hesitate to challenge their first offer if you can substantiate that it should be higher. Jun 24, 2021
