Changes are coming to flood insurance. As a result, Atlanta homeowners and homebuyers need to be aware of how the Federal Emergency Management Agency (FEMA) Risk Rating 2.0 affects flood insurance rates and coverage. FEMA released several documents in early September 2021, including guidance for the upcoming transition to its new risk rating methodology. For instance, the guidance outlines how[...]
When buying or selling a home, the decision of whether to invest in a home warranty can be a tough one. And warranties vary between what you look for with a resale home versus a new home. We’ll outline the differences!
What does a home warranty cover for a resale home?
Your resale or gently used home won’t come with a builder’s[...]
One of the many things we have learned over the past year is that property in Atlanta is almost always a good investment. As long as we’re speaking about organic real estate – rather than the mixture of lack of regulation and opportunism that leads to housing bubbles – property retains its value or will eventually rebound. Even in 2020,[...]
Atlanta’s Best New Homes Show recently welcomed Nichole Allison with New American Funding and Samantha with Piedmont Residential. The two women joined this Mortgage Minute segment, sponsored by New American Funding, to discuss reverse mortgages and new homes available from Piedmont Residential.
“Our older homeowners are obviously eligible for reverse purchase, and it is actually a little easier to qualify for[...]
Atlanta’s Best New Homes Show recently welcomed Gina Spearman, regional manager of New American Funding. Spearman joined the show to discuss the many programs and services offered by New American Funding, review 2019 and examine the expected mortgage changes in 2020.
New American funding saw extreme growth in the Atlanta market in 2019. Spearman recaps a successful year helping to provide[...]
Paran Homes was recently named Premier Builder by 2-10 Home Buyers Warranty (2-10 HBW)during its 2018 Builder Achievement Awards. A valued partner to builders across the nation, 2-10 Home Buyers Warranty launched the Builder Achievement Awards Program to recognize excellence in the home building industry. As an industry-leading provider of new home structural warranties and systems and appliances coverage for[...]
As a new home buyer, some of the best news you can get when buying a home is that the your offer on the home of your dreams has been accepted. You are going to be thrilled to own a home, but this is the most crucial stage of the home buying process for a few important steps. One of[...]
The day you got your dog, did you think about how it could affect your homeowners insurance? Probably not. Did you know that the breed of your dog could cause some insurance companies to refuse to insure you as a homeowner? People with certain breeds of dogs that have been deemed dangerous such as pit bulls, Rottweiler’s and Chow Chows[...]
If you’re a first-time home buyer, then chances are you’ll soon be dealing with the task of purchasing homeowner’s insurance for the first time. Just like purchasing a home, purchasing insurance requires a decent amount of knowledge, understanding, research and comparison shopping to ensure you’re getting the coverage needed at the best price. This insurance policy should cover most damage[...]
Academy Mortgage returns to finish answering the top 10 questions new home buyers have about mortgages in its weekly Mortgage Minute series. This week, Gina Spearman discusses what is included in monthly mortgage payments.
Monthly mortgage payments will include principle, interest, taxes and insurance (PITI). The biggest part of the payment will come from principle and interest. Principle and interest[...]