When a large company like Nationstar Mortgage LLC (dba Mr. Cooper) sends you a letter telling you flood insurance is required for your house, you likely assume they’re telling you the truth. Unfortunately they might not be telling the truth and by sharing my personal flood insurance nightmare, you might save a lot of money!
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For most people, home ownership is your largest purchase. Saving money looks at the total cost of home ownership. We cover everything from buying a house to monthly operating expenses that include your mortgage, insurance, taxes, utilities, cleaning services, home repair and preventive home maintenance.
We help you make smart decisions by shifting home repair costs to home improvements so you can create your dream lifestyle. Our homeowner tips look at when and how to buy things from refrigerators to furniture. With the right planning and budgeting, we know you'll become a whiz at making smart homeowner decisions.
By understanding homeowner expenses, you'll protect your investment and build homeowner equity to achieve financial independence.
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Water mitigation is the process of preventing or reversing damage caused by water in a building. When my house flooded, the insurance company sent out their preferred water mitigation company. Sadly they failed to follow the standard steps used to dry out a house quickly, resulting in mold! Here’s what my house looked like when … Read More
When you buy a house you focus on the mortgage, property taxes and homeowner insurance. These costs won’t tell you the true cost of home ownership. Imagine how you would handle a $500 water bill or an electric bill exceeding $700. It’s time to track homeowner expenses starting now! The problem is looking at individual … Read More
Most of us learn about floods on the news. Some homeowners learn the hard way when their home and/or neighborhood experiences a flood due to a hurricane, river or similar natural disaster. This isn’t when you want to learn that your homeowner insurance policy doesn’t cover flooding. Now is the time to see if you … Read More
Building codes are used to improve the safety of of our homes (read: Short History of Building Codes). The latest electrical building code, the 2020 edition of the National Electrical Code (NEC), was recently published by the National Fire Protection Association. Builders, remodelers and licensed electricians are responsible for staying up to date on changes … Read More
Most water leaks in your home won’t cause this much flooding. Trust me, you never want to deal with this situation. As I’m living through a flooded house right now, I can definitely say it’s not fun. But there’s a lot we can learn by understanding the water damage repair steps you go through to … Read More
Most of the time your artwork is hung on walls or placed on shelves. My challenge was dealing with water damaged art that was sitting on the floor in several inches of water. That’s typical when you’re moving into a new house. When unpacking, I placed things in the room where I thought they’d go. … Read More
With a flooded house you’ve got to get rid of the water first, then prop up furniture so it can dry out. Then it’s time to find and dry wet and soggy things that oops, got wet because they were sitting on the floor. You have to do this in the first day or two, … Read More
There are many reasons for water damage inside our homes. Water leaks come from leaking showers, tubs, toilets, sinks and faucets, appliances, your hot water heater and sometimes a water pipe. 14,000 people in the US experience one of these water leaks every day so it’s important to know how to dry out kitchen cabinets … Read More
Homeowners have lots of experience paying for home owner insurance. In contrast, they have little knowledge of home construction so how will they don’t know if the settlement offered by their insurance company will cover all repairs? That’s why hiring a public adjuster makes lots of sense, to ensure you receive the money you need … Read More