What Questions Do You Have About Homeowner's Insurance?

 There are many great New Haven County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (203) 269-4910 x 12 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Hey everyone, thanks for joining us today. I am happy to be joined by Frank Apuzzo, with Ferguson and McGuire Insurance, who is here to answer some questions we have received lately. A lot of first-time home buyers are out there looking for a home in our market, so we wanted to give you all some good information on where to start when it comes to getting your homeowner's insurance policy. 

What are some of the questions a first-time home buyer should be asking an insurance professional?

First off, you should find a local agent or broker in your area that has access to multiple insurance carriers so you can make sure you're being covered by a reputable company. You also want to make sure the company will be able to pay if you have a claim. The company should be an "A-rated" insurance company. 

What should you be looking to get covered on a good homeowner's insurance policy?

A lot of first-time home buyers call and tell us their agent told them they just need hazard insurance, which covers the structure of the home and the mortgage in the event of a loss. To make sure you have the right policy, you'll also want to notify the insurance company of any upgrades to the home. They will also want to make sure your wiring is safe and new and your heating and ventilation is up-to-date.

What are some hurdles that first-time buyers experience?
One of the biggest questions first-time buyers have about their policy is, "Why do I have to pay for my Homeowner's insurance in full?" Well, the insurance companies don't care who is paying it or how, they just want it paid in full. When you pay it all at once, the leftover money will be held in escrow. In essence, you are paying for your policy in advance. 

What are some advantages of hiring a local insurance agent?

One of the best advantages is that you can have someone that goes out and inspects the home in person before you list. This way, there are no surprises when it comes to getting coverage. 


If you have any questions for us at all, feel free to give us a call or send us an email. If you have any questions for Frank, give him a call at (203) 537-7194. We look forward to speaking with you soon!

Tune in to ABC's and CNBC’s Shark Tank to see Jonathan with real estate magnate Barbara Corcoran

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Tune in to ABC's and CNBC’s Shark Tank to see Jonathan side-by-side with real estate magnate Barbara Corcoran.

Corcoran is Shark Tank’s resident real estate mogul and a prominent self-made multi millionaire. She is now endorsing a select few of the best real estate minds in the country, Jonathan being included. Jonathan will appear in a commercial airing in several episodes throughout the season. 

Jonathan's company, Carbutti & Co Realtors, is a dominant leader in the real estate industry, providing phenomenal service and expertise to a wide base of clientele in the Louisville area.

“To sell your home on time for the most money, you need a sharp agent with a marketing strategy that creates the most demand,” Corcoran said. “Bottom line, you need a partner willing to put their own money on the line for you ….Jonathan Carbutti knows how to attract the right kind of buyers and create so much demand that if your home doesn’t sell at a price and deadline you agree to, Jonathan will buy it!”

Corcoran is an iconic figure in the New York real estate scene and nationally known as the real estate contributor to the NBC TODAY show. She has invested in more than two dozen businesses to date on Shark Tank, and has written several well-received books including Shark Tales: How I turned $1,000 into a Billion Dollar Business.

 

Why Should You Be Looking at HUD Homes?

There are many great New Haven County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (203) 269-4910 x 12 for a FREE home buying or selling consultation to answer any of your real estate questions.

Welcome back, everyone. Today I want to talk about one of my favorite topics, and one of my favorite kinds of homes to sell, HUD homes. We sold 3 in the last 6 days, with 2 of them being really great deals for first-time home buyers.

If you yourself are a first-time home buyer, you should check out www.hudhomestore.com. Here you can take a look at all of these properties. While you can look at them online, drive by them, and walk around the outside, you can't look at them on the inside or bid on them without a HUD certified broker like myself.
 
Not all brokers and agents understand the process of HUD homes. We have sold many of them in the last few years, helping many first-time buyers get a great deal.

An important thing to remember is that not all HUD homes are a great deal, so you should be working with an experienced HUD broker who has sold them and knows the process.
 
If you would like to talk about HUD homes, or have any questions about them, give me a call or shoot me a quick email. I will give you the honest scoop and tell you exactly what's involved. I look forward to hearing from you!