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The Real Cost of Buying a Home

February 21, 2017 at 3:45 pm | No comment | Category: Home Buying, Homeowner's Insurance

first timehomebuyingWouldn’t it be ideal if every home buyer only needed to pay the price on their mortgage label? In reality, there are several hidden costs attached to home loans. You may also need to create an escrow account in conjunction with your mortgage to accommodate these costs. This is done to safeguard the lender if the home owner does not pay the extra charges timely and fully. Here are some of the main additional expenses you may need to consider when budgeting and deciding on your new location:

Types of Home Loans & What They Mean

February 10, 2017 at 9:20 pm | No comment | Category: Home Buying, Homeowner's Insurance

home loansChoosing a mortgage from the many types of home loans is potentially one of the largest financial decisions you could make. Interest rates are not the only deciding factor here. You’ll also need to take your lifestyle, finances, home ownership goals, and various mortgage attributes into account. As a home buyer, mortgage diversity enables you to tailor your loan to suit your existing, and future needs. Familiarize yourself with these primary types of home loans, and make choosing a little less overwhelming.

Assignment of Benefits

February 10, 2017 at 9:34 am | No comment | Category: Homeowner's Insurance, Liability, Storm Season

homeowners insuranceBeing a Florida homeowner can come with a lot of risks – a lot of them being weather related. Before the 2017 storm season, you may need to consider getting work done on your house prior to or after a storm approaches. Before you hire a contractor, there are things you need to be aware of. Check out this list of important information regarding an Assignment of Benefits, and make sure you’re prepared before you sign an agreement.

Homeowners Insurance: “Cheaper” May Not Cost Less

February 2, 2017 at 2:31 am | No comment | Category: Homeowner's Insurance

homeowners insuranceMost Floridians would consider their home to be their most valuable asset. Naturally, many homeowners want to stretch their dollar as far as they can. Cheap homeowners insurance may cost you less up front, but that savings won’t pay if you have sacrifice coverage for a lower rate and end up facing an expensive insurance claim. Make sure you’re getting the right coverage from your insurance policy, or you might have to deal with extra hassle down the road. Use these tips to help you choose the perfect homeowners insurance for your family while still working within your budget.

How to Understand Your Escrow Statement

January 19, 2017 at 10:00 am | No comment | Category: Homeowner's Insurance

homeowners coverageBuying a house is a big deal, so first of all, congratulations! However, if you’re a new homeowner, or perhaps an experienced homeowner who just hasn’t yet figured out what an escrow statement is, you may be realizing that it’s a hard document to decipher. Never fear: We’re here to help you figure it out. First of all, it’s important to understand that your monthly mortgage payment covers more than the payment on your house. We’ll break down what exactly comes out of the mortgage payment, how your escrow account is used, and what is included in your escrow statement.

Understanding Your Homeowners Insurance Policy

January 12, 2017 at 5:55 pm | No comment | Category: Homeowner's Insurance

Being a homeowner is an exciting thing, however it may leave some people with questions. Do you know exactly what is covered in your homeowners coveragehomeowners insurance policy? Every basic home insurance policy provides a package of insurance protection for your home, with different types of coverage included. Let us take the guesswork out of your homeowners insurance with this simple guide!

Home Safety For the Holidays

December 12, 2016 at 8:34 pm | No comment | Category: family safety, Homeowner's Insurance

Families all around Florida are ready for holiday travel and thieves are already on the prowl looking for opportunities. home-theftChristmas is a figurative gold mine for them. Whether it’s you who goes out of town or your family of snowbirds traveling south to escape the cold, everyone should be encouraged to take precautions and protect their home and valuables. Southern Oak Insurance suggests you check with your homeowners insurance company to make sure you have the proper coverage in the event a theft does occur.

Holiday Accidents & Insurance – Are You Covered?

December 9, 2016 at 9:44 pm | No comment | Category: family safety, Homeowner's Insurance

homeowners insuranceThe holidays are both a magical and dangerous time of year. Pets and kids run amok and drinks are spilled after Uncle Bill’s third telling of the time he went to Salt Lake City. When friends tell stories about their own mishaps, it rarely comes with a detailed explanation of what their homeowners insurance would and would not
cover either. Before you end up paying for an incident that could have been covered by the right insurance policy, boost your home safety with the following facts. 

Take the Stress Out of Holiday Travel

December 7, 2016 at 8:57 pm | No comment | Category: family safety, Homeowner's Insurance

holiday travelPreparing for travel over the holidays can make people simultaneously anxious and excited. You’re balancing how fun it will be to have family meet your new bundle of joy versus how much your fellow airline passengers will appreciate your precious cargo. When you start feeling overwhelmed, keep these tips in mind for easier travel.

Theft and the Holidays: Are you Covered?

November 23, 2016 at 3:39 pm | No comment | Category: family safety, Homeowner's Insurance

theft-300x175The holidays are a wonderful time for criminals to plot out their next great score. This is a time of year when everything changes: mall trips become more frequent, kids come home for Christmas, and we start preparing to host our many relatives. There are big incentives for thieves in November and December, and Southern Oak wants you to know more about how insurance works to protect you and your family in different situations.

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