Pam Hall Foster-Keller Williams Hoover

11/19/2022

09/20/2022

Join us at BAR next Tuesday, September 27, from 11am-2pm, to meet, greet, and eat with your AAR candidates. FREE food from local food trucks!

We are excited to see so many of our BAR members willing to represent the REALTORS® community at the state level in the upcoming 2023 Alabama REALTORS® Election!

08/05/2022

“"The greatest mistake you can make is to be afraid of making one." - Anonymous”

06/14/2022

The Real Estate Settlement Procedures Act (RESPA)

RESPA is a consumer-protection statute aimed at helping homebuyers be better shoppers and eliminating illegal kickbacks and referral fees among settlement service providers.

RESPA regulations apply to federally related loans on one- to four-family residential properties, including assumptions, refinances, home improvement loans, and home equity lines of credit.

RESPA requires that the lender provide the borrower with a written disclosure of estimated settlement costs. The Loan Estimate form itemizes these costs at the beginning of the application process, and the Closing Disclosure form, which provides a precise accounting of costs, is used at closing.

06/14/2022

In a recent study, Credit Karma analyzed all 50 U.S. states in order to determine which states had the lowest taxes. Read on to find out the states with the lowest property taxes in

06/14/2022

The Alabama Association of REALTORS® is a proud sponsor of The World Games! Check out our volunteer opportunities and see how you can be involved at https://alrealtors.co/39eMB4R. Don't miss it!

04/23/2022

Homeowners insurance is a type of property insurance that pays for losses and damages to your home if it is damaged or destroyed by fire, weather, theft, or another covered disaster. When those events happen, you’ll need to file a claim.

CONSIDERATIONS

Know when to file a claim. Before reporting the property damage to your home, find out what your deductible is. If the damage is minor, you might decide you’re better off paying for the repairs out of pocket. If you believe the damage will cost more than your deductible to repair, or there is a lot of damage, you may want to file a claim.
If you decide to file a claim, it’s important to notify your insurance company right away. The amount of time you have to report your claim varies by state.

Here are the steps you’ll need to take:

- Make a list of all your damaged property. You’ll need this when you meet with your adjuster.
- Take photos and videos of damage.
- Contact your insurance company or agent with your policy number, name, address, and phone number.
- You’ll need to explain what happened and describe the extent of the property damage.

THINGS YOU SHOULD KNOW

Take an inventory. Go through every room in your home; write down and take pictures or videos of everything in the room. Inventory everything, including valuable items such as antiques, electronics, jewelry, collectibles, and guns.

Do this before a disaster strikes. The NAIC's free Home Inventory App will help you with the process. You can download it from the App Store and Google Play. It allows you to take pictures and document your items by room and category.

If you don’t use the app, store your inventory in a secure place at another location, such as your workplace, a safe deposit box, a relative’s house, or online.

- Review and update your inventory annually, including your pictures/videos.
- Update your inventory when you buy new items.
- Keep receipts with your inventory for all repairs and new items you buy for proof if you have to file a claim. Work from memory if your property was destroyed and you have no records.
- Review photos (e.g., on your cell phone or from family or friends) taken inside your home. That may help you make the list.
- Search online retailers to help estimate costs.

03/22/2022

If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when

01/19/2022

Are you planning to purchase a home this year?

While home prices aren’t immune from this increase, here’s why inflation shouldn’t stop you from buying a home in 2022.

01/19/2022

You know the joke: Alabama has only two seasons – tornado and hurricane. But it’s not funny when your family and property are in imminent danger from either. Now, there is a

01/14/2022

If Zillow's 13.6% price growth prediction turns into reality, then the 2022 housing market would also go down as one of the hottest on record.