Category Archives: Real Estate
Most insurance companies advise keeping a home inventory. Unfortunately, with the busy lives of most home owners this is often neglected. However, when it comes time to move home, creating a home inventory has a number of benefits.
Making a home inventory:
A basic home inventory can be produced with only a pen and paper. However, if you have a digital or video camera, you can create a more comprehensive inventory. All you need to do is to create a list of furniture, appliances, rugs, electrical items and any collectables. This list can be kept with photographs and any receipts and documentation.
Although making a home inventory may seem like a large task, it can be simply done, by working your way through your home room by room, listing the contents of each room separately. Remember to note items such as televisions, computers and audio equipment in addition to any collectables or antiques. Consider the items that would need to be replaced in the event of a fire or theft.
Your list should include the manufacturer and brand of each item along with any model numbers and an estimated value. Smaller items such as jewelry should be listed with a description such as gold, silver or platinum along with listing any precious stones. You should allocate a number to each item, which can be paired with a numbered digital photograph.
The benefits of a home inventory when moving house:
Although a home inventory is a great resource for home insurance claims, it is invaluable when you are moving home. There are a number of benefits to keeping this documentation including:
Protection for damage claims during moving:
Most moving companies have a specific limit to their insurance liability for your belongings. You can use your inventory to assess whether this amount is sufficient to cover all of your precious belongings. Should unforeseen circumstances occur, you will also have documented proof which will substantiate any claim. Any damage which occurs to specific items can also be proven when compared to the date stamped photographs of your inventory.
Assessment of your new insurance coverage:
When moving to a new home, you will obviously need to change your details on your homeowner insurance policies. This is a great time to double check your coverage and ensure that all of your belongings are protected. Most insurance policies will have a claim limitation for total loss of your belongings. You will need to ensure that this is sufficient for your needs. However, many policies have restrictions on the coverage of high value items. You can use your inventory list to double check that you have sufficient coverage. If you find that your coverage is too low or even too high, you should speak to your broker to amend your policy accordingly.
Keeping your inventory safe:
Once you have completed your inventory it is important to ensure that it is kept safe and up to date. You should store the list and any photographs in a secure and safe location. Your inventory is completely useless if it is stored on the hard drive located in your stolen computer or should it be damaged in a fire. Online or cloud services could present a good off site storage solution, or you could store the data on a USB drive in a safety deposit box or in an emergency box or bag. Be sure to keep appraisals and receipts for the items with the inventory for complete documentation.
Moving home can be particularly stressful but it can be unbelievably inconvenient should your possessions be damaged or lost when you lack documentary evidence of the items. Although it may take a little time to compile a home inventory, it can provide a great deal of reassurance for your house move and allow you to relax in your new home.
Spring is one of the most popular seasons for selling and buying houses. This makes it a perfect time to freshen up your home and to make prepare house for sale checklist. However, you don’t have to wait until Spring, to do a Spring clean. Whether your home is already for sale, or you’re considering listing it, a spring clean can air out your home and increase the appeal for potential buyers. Even if you are an excellent housekeeper throughout the whole year, there are few tricks and tips to ensure that even forgotten areas are covered and help to sell your home quickly
This is one aspect of the flooring which is often missed. However, in order to achieve a bright finish, you might not necessarily need to repaint. Cleaning your baseboards can also provide a fresh look. Be sure you avoid cleaning your baseboards until you have finished your floors, otherwise you may find dust or debris is transferred to the freshly cleaned surface. You may find the brush attachment of your vacuum cleaner useful in removing surface dust. This will allow you to then use a detergent spray to clean the baseboard and make it shine.
Newly cleaned light fittings and ceiling fans will immediately lighten and brighten your home. Use the attachments from your vacuum cleaner to remove any surface dust or debris. You should then wipe down with an all purpose cleaning product. Ceiling fans need not be dismantled for cleaning. Spray a cleaning solution on the inside of an old pillowcase. This can be then placed over each blade and wiped the full length of the blade, to clean both sides.
Many home owners go the extra expense of applying new wall coverings, or fresh paint to make their walls appear fresh and clean. However, this may not be necessary, as cleaning alone can create a fresh appearance. You should ensure that all spider webs are removed from the corners and use the brush attachment to dust the wall. This will remove any surface debris or dust, you can then clean the wall. Use a cloth and an all purpose cleaning product, but be sure to remove excess liquid to avoid soaking the wall. To avoid streaking, don’t spray any cleaning products directly on to the wall.
Natural light is the key to presenting your home properly, so your windows need to be cleaned very well. Freshen up any drapes or blinds following the specific cleaning instructions. However, your cleaning efforts should not stop there. The frames, glass and screens should also have a good clean. While there are a number of products available for glass cleaning, a mixture of vinegar and dish detergent will usually create a great finish. Simply mix one part detergent to one part vinegar and dilute it with water for a streak free shine. Clean with a microfiber cloth and dry off the glass with kitchen paper.
Cleaning window screens can be a little more tricky and you will find that the best way to clean them is to remove the screens for washing outdoors. Use your garden hose with a soft brush and an all purpose cleaning product. For ease of rehanging be sure to label the screens and fittings as you remove them. Take care to use the brush softly to avoid damaging the screen. This is also a great time to repair any damaged screen before rehanging them.
Your Home Exterior:
While you have your garden hose out, it is a great time to clean the exterior of your home. Wash down your driveway and siding. Any oil stains on the driveway may need additional detergent to fully remove the mark. Use a long handled soft brush and warm soapy water to avoid damaging the paintwork on the siding. If you do use a power washer, be sure to use a low power setting to avoid causing damage.
Whether you already have your home listed for sale or you are just considering selling, a good spring clean is a great idea. This will ensure that your home looks bright and feels fresh for you and your potential buyers to enjoy.
This is based on Indiana laws and regulations. Your state may vary.
In 2014 all real estate agents are required to get their Brokers license. All new agents will get their Brokers license from the beginning. The state of Indiana is doing away with the basic licensing for an agent. It used to be that to manage other agents you had to have a brokers license. Getting a Brokers license requires more training and a more in depth understanding of real estate as a business.
The terms REALTOR® and real estate agent or broker are not interchangeable titles. In fact, real estate agents or brokers can only use the title REALTOR® if they are members of the National Association of REALTORS® (NAR) and subscribes to its strict Code of Ethics.
REALTOR® Code of Ethics
The Code establishes time-honored and baseline principles that come from the collective experiences of REALTORS® since the Code of Ethics was first established in 1913. Those principles can be loosely defined as:
- Loyalty to clients;
- Fiduciary (legal) duty to clients;
- Cooperation with competitors;
- Truthfulness in statements and advertising; and non-interference in exclusive relationships that other REALTORS® have with their clients.
Since the word REALTOR® is a registered trademark with the word itself being in all caps, only its membership can use the title and logo in their marketing and advertising collateral.