The MN. Deer hunting season opens tomorrow. Please be careful if you are hunting. Good Luck !! Call us if you are interested in purchasing land.
REDUCED LISTING THURSDAY
Beautiful maintenance free 3 bedroom has it all. Its located within city limits but gives you that country feel. The kitchen has built in custom oak cabinets with plenty of counter space and opens up to the large living room area. There’s main floor laundry so no going up & down stairs; tons of storage space through out the home. There is a front and back composite deck to sit out on and enjoy those warm summer nights; a private back yard perfect for gardening in. An oversized two stall garage with storage up above that is insulated. All this and much more, call today for your very own personal tour!!!
Virtual Wednesday in Real Estate
What is a Virtual Tour? A virtual tour is a simulation of an existing location, usually composed of a sequence of videos or still images. It may also use other multimedia elements such as sound effects, music, narration, and text. It is distinguished from the use of live television to affect tele-tourism.
Virtual tours help our buyers go through a home before physically going there to see if it’s a home they may be interested. Check out a few local virtual tours….
225 SW 2nd Street Chisholm
2027 31st Street Hibbing
9573 Heino Road Angora
Monday is decision day, rent or buy?
The decision to rent or buy can be a difficult one for many! Take a look at a few of the reasons why you should call a real estate agent today!
Security, ownership and investment are a few things to think about….
Iron Moon Festival
Iron Moon Festival today, Saturday October 28th. Irongate Plaza from 10a.m. to 4p.m. Games, obstacle course, balloons and more. FREE
WARM THOUGHTS FRIDAY
6 easy ways to get cheap home insurance quotes
JULY 1, 2013 IN INSURANCE
You don’t have to pay full price for your home insurance. There are lots of discounts you may be eligible for, including some very basic ones, and all you have to do is ask. “Insurance companies try to provide an opportunity for customers to lower their premiums,” says Mario Morales, senior corporate underwriting consultant at MetLife Auto & Home in Warwick, R.I. Homeowners signing up for new insurance coverage will be asked a series of questions, either by their agent or by the insurance company, to determine which discounts may apply. But come renewal time, there’s no obligation for them to recheck, which is why it’s important to stay on top of things, says Bill Wilson, an associate vice president of the Independent Insurance Agents and Brokers of America, an Alexandria, Va.-based trade group. Getting cheap home insurance doesn’t have to be complicated; it can be as simple as being a faithful customer or having good credit. Here’s a look at six simple money-savers you may not know about.
6 steps to cheaper home insurance
1. Carry multiple policies with the same provider
2. Boost your deductible
3. Install an advanced alarm system
4. Be loyal to your insurance company
5. Impress your insurer with good credit
6. Disaster-prep your home
Carry multiple policies with the same provider
Insurance companies want your business and are willing to reward you for bundling multiple policies. Buying your home insurance and auto insurance from the same company can save you 30 percent in some instances, according to Brad Lemons, a vice president at Columbus, Ohio-based Nationwide Insurance. Increasingly, insurance companies are throwing life insurance into the mix, which means you may be able to save even more if you have your homeowners, auto and life policies under one carrier. “It’s always good for consumers to look for companies that have the ability to meet all their needs both from an insurance and a financial standpoint,” says Lemons. “The more you can get bundled, the more attractive it is to the consumer.” Not only will you save money, but you’ll have more consistency in the way claims are handled and how you receive communications.
Boost your deductible
Depending on the level of risk you’re able to handle, you can save a bundle off your home insurance premiums simply by going with a high-deductible policy. The deductible is the amount of your loss that you’d have to make up out of your own pocket, before the insurance kicks in. Instead of going with a $500 or $1,000 deductible, homeowners who can afford a big out-of-pocket hit or are willing to gamble that nothing will happen to their home might choose a $10,000 deductible — and save as much as 35 percent, Morales says. Though high deductibles are more typical on multimillion-dollar homes, folks in lower tax brackets often will opt for the highest deductible possible. “Some people who feel they really won’t incur any type of loss may decide to carry the maximum deductible to get as much premium savings as possible,” says Morales. But have the money to cover the deductible on hand just in case something does go wrong, he advises.
Install an advanced alarm system
Many people know that fire alarms, carbon monoxide sensors and burglary systems help to cut home insurance premiums. The discounts can be even greater with today’s more advanced monitoring systems that report to a central location and alert first responders. Alarms connected to a central station can cut premiums by an average of 10 percent, Wilson says. Insurers offer the discount because the risks are minimized if your home is being monitored 24 hours a day. “With fire response, time is everything,” he notes. Alarm companies advertise that the insurance savings can be 20 percent, or even more. If the premium discount is your main motivation for buying a particular security system, it’s a good idea to double-check with your insurance company or agent to find out specifically how much you’re likely to save.
Be loyal to your insurance company
Insurance companies want you to remain a customer for as long as possible, which is why loyalty can pay off with cheap home insurance. Lemons says longtime Nationwide customers can save anywhere from 5 percent to 10 percent. “It varies, but it’s usually between three to five years before you start to see discounts for loyalty kick in,” he says. According to Wilson, most insurance carriers offer some form of loyalty discount, typically in the 5 percent to 10 percent range. “Insurers make money keeping a customer several years,” he says. “It’s worth it for them to give a credit.” With some insurers, loyalty alone won’t yield savings. You might also need to stay claims-free or maintain multiple policies with the company. For instance, Farm Bureau Financial Services offers a renewal price break, though only if you bundle home, car and other coverage.
Impress your insurer with good credit
A high credit score can get you more than a favorable interest rate on a car loan or mortgage. It also can result in lower home insurance premiums. Insurance companies check credit reports to gauge whether a customer is likely to cost them in the future, Lemons says. Wilson adds: “The stats show people that have a better credit score have fewer claims.” Given that connection, insurers are willing to charge less if you have good credit. But what constitutes a good credit score, for insurance purposes? It varies. Each company uses its own calculation to determine how much a credit score will impact premiums, which is another reason it pays to shop around and ask questions. Indeed, Wilson says a quote for his own home insurance was unusually high, and it turned out that the wrong credit score was being used. Once he inquired about it, the premium dropped — by roughly $1,000. For a married couple, the insurer will take the better of the two credit scores and use that to rate the policy.
Disaster-prep your home
If you live in an area that is prone to natural disasters, such as hurricanes or tornadoes, a little preparedness may be worth a sizable discount on your home insurance. Savings can be as much as 30 percent in some states if the home is fortified in accordance with standards set by the Insurance Institute for Business & Home Safety, or IBHS, Lemons says. Ways the requirements can be met include sealing the roof beneath the shingles and pruning trees away from the home. “Homes that follow the IBHS guidelines are less likely to be impacted when a storm comes through,” says Lemons. “The challenge is how to invest and retrofit your home.” Make your dwelling storm-ready and enjoy cheap home insurance through discounts that go by different names including a “fortified home discount” and a “windstorm mitigation discount.”
I hope you find this information helpful when searching for homeowners insurance for your new home.
Please stay safe and warm from the cold weather that has come upon us and have a great weekend!!!
Looking for Hunting Land or Recreational Property?
Looking for hunting or recreational property? Check out these options: 40 acres hunting land near Hibbing, 15+ acre lakeshore lot, 38+ acres up in Cook and many more.
Contact us for more details!
Harvest Moon Family Fun Night
The Range Mental Health Center is having a FREE Family fun night. Located at 3203 3rd. Ave West Hibbing, Perpich Building Gym. Costume contests, games, food and more! Friday October 27th at 5:30 -7:30 p.m.
Remodeling Activity to Spike Through 2018
Daily Real Estate News | Monday, October 23, 2017
As homeowners gain more equity, they are expected to continue heavily investing in home improvement projects and repairs through the third quarter of 2018, according to the latest Leading Indicator of Remodeling Activity report released by the Joint Center for Housing Studies of Harvard University. The LIRA index projects annual gains in home renovation and repair spending of 6.3 percent for the fourth quarter of 2017 and up to 7.7 percent by the third quarter of next year.
“Recent strengthening of the U.S. economy, tight for-sale housing inventories, and healthy home equity gains are all working to boost home improvement activity,” says Chris Herbert, managing director of the Joint Center for Housing Studies. “Over the coming year, owners are projected to spend in excess of $330 billion on home upgrades and replacements, as well as routine maintenance.”
Abbe Will, a research associate in the Remodeling Futures Program at JCHS, says that recent hurricanes and other natural disasters have the potential for strengthening remodeling activity even more over the next year than forecasted. Major reconstruction and repairs will get underway in affected regions and likely lead to elevated activity, Will says.
For homeowners looking to remodel for resale, the National Association of REALTORS® publishes a report looking at the costs of some of the top remodeling projects. This is just a tid bid of information for you to think about.
Happy Monday! Call an agent today to help get to your goals of house shopping and selling!