Homeowners can save money on building and contents insurance premiums by increasing deductibles. But they should compare online quotes first.
How to find and buy the cheapest home insurance? One answer is to set a high deductible.
A deductible is the money a homeowner has to pay on a claim before the insurance company starts to pay the loss. It is the homeowner’s responsibility to pay the deductible for the claim. For example, if the homeowner’s deductible is $500, and he or she makes a claim that the insurance company accepts for $10,000, the insurer will pay $9,500 and the insured will pay $500.
Higher Policy Deductibles Mean Lower Policy Premiums
A deductible exempts the insurer from paying an initial amount in the event that the homeowner sustains a loss... Read More
One of the easiest ways to pocket a little extra cash without putting up a lot of capital is to trade foreign currencies, or Forex.The Forex market allows traders to buy and sell currency pairs 24 hours per day from the comfort of their homes from Sunday evening to Friday afternoon, meaning you have nearly three times the trading window as you would with the stock market. With over $3 trillion in trades happening every single day, it is the largest and most liquid trading activity in the world. What this means to you is that you have lots of people you can make money off of. Of course, this means there are plenty of people out there to take your money as well... Read More
When should you sell Put options? When should you buy them? What are the risks and rewards of stock options trading?
Buying, selling, and trading Put options in the stock market is similar to the real estate market. To understand Put options and the comparisons drawn in this article, you may want to read this one first. Read More
To sum up the main points of the analogy, the housing market is like the stock market. Housing units are like publicly traded shares. There may be brokers, speculative buyers, and the owners of the units. A Put option contract is simply an agreement to buy shares (or a house) if the market drops to a certain value...
Investing in real estate can be very a attractive and profitable prospect. But being a landlord is not always easy. Here are some things to consider.There are several reasons why you might find yourself contemplating renting out a home. Perhaps you wish to purchase a new home and are having some difficulty selling your current residence. Or maybe you need to temporarily relocate and don’t want to leave your house unoccupied for a length of time. And the abundance of home foreclosures makes real estate investing an attractive prospect. Whatever the reason, there are pitfalls and problems to be aware of when deciding to become a landlord.
Screening potential tenants
Once you’ve decided to rent a house to someone you become a landlord. And being a landlord isn’t for the faint of heart... Read More