Why would you need a home warranty if you have homeowners insurance?

The most common mistake homeowners make is believing that their homeowners insurance is all inclusive. They think it will cover everything and anything that goes wrong in the home. It isn’t and it won’t. Let’s look at what a home warranty covers compared to what homeowners insurance covers. We’ll then look at why having both is the best way to protect your home. What does a home warranty cover? Here are some of the most commonly covered systems and appliances under a Home Warranty Service Agreement. HVAC systems Plumbing and electrical systems Major appliances: washer/dryer, refrigerator, dishwasher, oven range, disposal…

Financing Timeshares

MoneyTipsA vacation home sounds delightful, doesn’t it? If you can’t afford one, you may be able to at least afford a part of one – by purchasing a timeshare. You’ll have plenty of company if you do. The American Resort Development Association (ARDA) reports that timeshare sales have risen for eight consecutive years, reaching $9.6 billion in 2017. The average timeshare occupancy rate reached 81%. Typically, timeshares are not financed like traditional secured home mortgages, due to valuation and reselling difficulties. If you can’t afford to pay cash, how do you finance your timeshare? Developer Loans –…

Coronavirus and shelter-in-place impact in Atlanta

News and updates on how the novel coronavirus is affecting housing, transit, parks, and other aspects of daily life. Plus, tips on how to manage at home Contributors: Curbed Atlanta Staff As COVID-19 spreads across the country, and Fulton County remains Georgia’s hotspot for confirmed novel coronavirus cases, precautions like stay-at-home restrictions, event cancellations, and […]

How Atlanta’s short-term rental market is affected by, responding to coronavirus

A few months ago, the newest rentable Atlanta-area “treehouse” debuted, hidden on a plot of elevated land in East Point, just beyond the southwestern edge of Atlanta. Owner Darrel Maxam shared that bookings were going quite well. Today, as the novel coronavirus and related restrictions have convinced a majority of metro Atlanta residents (and prospective […]