Listing agents (representing home sellers) are big fans of home warranties. Personally, I love them. Test your knowledge of residential real estate today, and see if you know why: A. Realtors don’t pay the premium (Sellers typically do). B. Realtors get a commission for each home warranty policy they sell. C. Listing agents know that...Read More
“Live and Learn” Dept. For about a decade, my family has been paying for a deluxe home warranty covering our HVAC, all appliances, and even our main sewer connection. Also included: our backup, standalone freezer. Or so we thought all these years. “Location, Location, Location” We found out otherwise when the freezer’s compressor failed the...Read More
Lawsuit: ‘Bank Overcharged for Flood Zone Determinations’ If you bought a home or refinanced with a Wells Fargo mortgage between August 30, 2011 and December 31, 2013, you may be entitled to a share of a class action suit against Wells Fargo. A very small share — like, $9.50 per claimant. The suit — formally...Read More
