All articles in Tips for Home Owners

Buying a home in Raleigh is getting tough!

Buying a home in Raleigh is getting tough!

Regardless if you’re a first time homebuyer looking for a cozy (realtor speak for small) 3 bedroom ranch styled home or a veteran move up buyer purchasing your dream home one thing that is consistent across  that supply of housing in Raleigh-Cary and all over Wake County  is that it’s tight!  Continue reading Buying a home in Raleigh is getting tough!

What is a CLUE Report and how could it impact my mortgage?

What Is A CLUE Report?

Most of us are familiar with CarFax.  We see the commercials all the time with the Fox puppet following the prospective car buyer around warning the buyer not to purchase the car before purchasing a detailed report on the vehicle.  Believe it or not, there is a similar system that insurance carriers use for buildings, homes and the people that insure them.

Continue reading What is a CLUE Report and how could it impact my mortgage?

When Should I File a Home-Owners Insurance Claim?

We discussed in an earlier post ‘What is a CLUE Report’, how  a  Comprehensive Loss Underwriting Exchange, or CLUE Report, will track up to a seven year claims history for a property and property owner.  As you can imagine, a CLUE Report with multiple claims may cause issues if you are trying to buy, sell, or insure a property.  Most people are unaware of CLUE Reports and how they affect property ownership and protection.  CLUE Reports include not only accepted claims, but denied claims and inquiries.  They are meant to be a comprehensive record of all loss history on you as an individual and on a property. Continue reading When Should I File a Home-Owners Insurance Claim?