Why is home insurance limited to each and every different type of disaster?
Q. The home is either livable or NOT livable...it matters NOT what disaster ruined the home.. Why then is it that you have to pay extra for each different type of circumstance? An accident is an accident... a disaster is a disaster... the home can only be burned, flooded, distroyed by earthquake / tornado / hurricaine ONCE.. why pay for all the different ways insurance-wise? How covered is covered? And WHY !!! Why?? Is it if you Never have any type of claim you aren't refunded some of that money you spend year after year after year? Again, once you've paid in insurance the amount of the home value.. what difference does it make if you replaced the home 'money-wise' already in insurance premiums? Why not spend those premiums on a… [cont.]
Asked by Craptacular Wonderment - Sun May 27 19:37:38 2007 - - 2 Answers - 1 Comments

A. You used the words paid, pay, money, spend, and they are all correct. It is all about the money, yours specifically, and how much of it the insurance industry can get (steal).
Answered by Don,The - Sun May 27 20:31:51 2007

Can I take out a home loan for land and a manufactured loan?
Q. By home loan I mean a home loan and not a personal property loan like on a trailer home/manufactured home in a trailer court. I qualified for a home loan and I want to keep it cheap, so I want to purchase a piece of land and a manufactured home. Wil this work as a home loan if its on private land? Wow, there is quite the array of scams out there! Why would anyone take out a loan from the internet without talking to someone face to face?
Asked by Jak K - Tue May 8 16:09:07 2007 - - 0 Answers - 2 Comments

A. To have a mortgage loan you must have land involved, so no trailer park rentals. Lender's are not fond of mobile homes because they lose value - unlike a stick-built home which will appreciate in value. You are unlikely to find 100% financing for a mobile home. 90% or less is the norm and that is with good credit. Your interest rate will be higher as well. If you are buying this as an investment (in your own future-not as an investment property) you should look into a modular home. Anything but a mobile. You won't get out what you put into a mobile. That said, there are some very nice mobile homes out there.
Answered by thinking-guru - Tue May 8 16:37:29 2007

How to rewire home phone wiring system so my home security system can work with Vonage cable phone?
Q. I recently switched from traditional landline phone to Vonage cable internet phone. However, my home security system can not communicate with the monitoring station as a result of disconnecting the phone line. How could I rewire my home phone wires to make my home security system work with the internet phone?
Asked by Phil - Fri Jan 18 13:27:29 2008 - - 2 Answers - 0 Comments

A. Internet phone service in not considered reliable for security systems. These type of phone systems can have a hiccup in the audio just like a cell phone does.This can mean a loss of data during the sending of the signal.
Answered by Chuck - Fri Jan 18 20:26:07 2008

What is a home equity loan and what is the process to applying/being accepted for one?
Q. I paid roughly $90,000 for my home. It was a TLC home and I've fixed it up in the past 9 years dramatically. New roof, new walls, siding, porch, heating system, well etc. My home and property was valued at $275,000 last year. Does equity play a part in this. Am I eligable for an equity loan? I don't want to go into it without fully understanding what it is--I also don't want to go to my banker with stupid questions...Another thing. Im looking to build my own home--hence the loan inquisition.
Asked by Phoenix - Sun May 20 15:16:18 2007 - - 4 Answers - 1 Comments

A. Let's say you owe around $70K for your house & it now appraises for $275K, you can "cash out" some of your equity. Equity is the difference between what you owe & what the home is worth or appraised at now. There are many programs for "cashing out" equity. You could get up to 100% of your equity out. I do not suggest this &your interest rate on your equity loan will be a lot higher. You could cash out say 80%, based on my #'s above that would total about $164,000. & you could use this money towards a down payment & for construction costs with the home you're interested in building. You want to make sure you're using your money with the best programs. Talk to a lender who will show you the pros & cons. Don't use all of your liquid… [cont.]
Answered by Miss Emily1 - Sun May 20 15:44:34 2007

What is the lifespan of the average home?
Q. I live in a 1 1/2 storey home built in 1922. I have totally updated the home, (wiring, plumbing etc.). There has been some settling mainly on the second floor, not enough to prevent doors from closing. I purchased the home in 1999. I have not noticed any new settling since. I am wondering how long a lifespan a home built in 1922 has. I like my home but it is 84 years old. I will be entering retirement when this house turns 100. I maintain this home accordingly but I wonder if it is wise to have a 100 year old retirement home. I would appreciate some comments on my delima. Thank you.
Asked by mikey - Sun Mar 5 12:50:43 2006 - - 3 Answers - 0 Comments

A. As long as you have updated everything that needs to be, you should be safe. I have installed new furnaces in homes that are well over 100 years old, and house looked great after they updated everything. Working in many different aged homes, I've noticed back in the day they built houses to stand forever, now days they put the houses up as fast as they can and move on to the next one.
Answered by HVAC Man - Sun Mar 5 15:48:49 2006

Can I get home contents insurance if my landlady works from home?
Q. My landlady teaches piano from home as a full time job, would I be able to get contents insurance? I went to an online insurance site and it said I would have to call them if I share my home with renters/lodgers (which I do) and also it assumes that 'You do not use your home for any business purposes or for the storage of business goods'. What insurance would I need or would it be my landlady's responsibility to get cover? Could I be included in her insurance?
Asked by afosa_ragazza - Tue Apr 14 15:20:37 2009 - - 1 Answers - 0 Comments

A. The concept of health insurance was proposed in 1694 by Hugh the Elder Chamberlen from the Peter Chamberlen family. In the late 19th century, "accident insurance" began to be available, which operated much like modern disability insurance.This payment model continued until the start of the 20th century in some jurisdictions (like California), where all laws regulating health insurance actually referred to disability insurance.
Answered by unknown - Thu Apr 16 23:56:11 2009

Can the bank take my primary home if my second home is in foreclosure?
Q. I have a reverse mortgage on my primary home in Los Angeles, CA and a vacation home in Big Bear city, CA. I have been delinquent on payments for my second home in Big Bear for several months now and the foreclosure process has now begun on my home. Can I loose my Primary home because of this?
Asked by Gilbert L - Tue Mar 10 19:40:40 2009 - - 3 Answers - 0 Comments

A. Your primary home is safe. You still could save your vacation home with a loan modification With a loan modification, it's possible that your: * interest rate may be decreased * interest rate can be changed from an adjustable to a fixed rate * time the borrower has to pay the loan back can be lengthened * loan principal may be decreased * late fees may be waived * second mortgage could be waived or wiped off of the books You can connect with a foreclosure prevention counselor here:
Answered by captkev - Fri Mar 13 18:36:14 2009

What home improvements can be taken off as deductables on 2007 taxes?
Q. I had some home remodling done and on tv on home repairs show it told that a lot of that is tax deductable. I haven't been able to find anything on the web on it. I kewpt all of my recepts for last year on all of the repairs or improvemts on my home.
Asked by Midnite Angel - Sun Feb 10 13:01:03 2008 - - 4 Answers - 0 Comments

A. You cannot deduct those types of things...now if you had a HELOC and used the money to pay for those items you can deduct the interest that you paid on the HELOC...
Answered by ruthietoothie1972 - Sun Feb 10 13:06:19 2008

Is there a magazine dedicated to manufactured home life?
Q. Looking for a magazine for mobile home owners, they have mags. for old homes, log homes, country homes, beach homes, even apt. living.. Just want one for us mobile home owners.
Asked by wanni62 - Tue Aug 15 19:31:16 2006 - - 1 Answers - 0 Comments

A. The mobile home parks around here all distribute a monthly called the Newsette that is personalized for each park. It is not something you can subscribe to, so I know it isn't what you are looking for, but I don't think there is any such animal. The Newsette, is not very interesting and is mostly advertisements anyway.
Answered by surelynotme - Tue Aug 15 19:43:05 2006

What would the costs above the actual home purchase be on the following home?
Q. Hello all, Thanks for looking! I am purchasing a home from a family member. The actual cost of the home is a heavily discounted $112,500. I know the home will appraise for at least $180k. The home is currently paid for. There will be no Realtor involved. What should I expect the closing costs to be? Do I avoid fees since the home is being sold by a family member and no Realtor is involved? Thanks in advance!
Asked by Eric A - Thu May 7 11:28:45 2009 - - 5 Answers - 0 Comments

A. If your buying it from someone you know, you should be able to avoid regular closing costs ( the main one being title searches above the bank fees and Realtor fees). You will have to pay property transfer fees and county tax, but that usually is rather inexpensive. You can find banks ( I used one called CCO mortgage last purchase) who charged no closing fees for making the loan, and I think there are quite a few banks that will do that, probably depending on down payment, and interest rate they give. For instance , I had one bank who didn't charge any closing costs as long as I took another 1% in interest over the regular rate.
Answered by biire2u - Thu May 7 11:43:21 2009

How can I start a group home for the disabled in Wisconsin?
Q. I have two teenage children with disabilities and I regularly babysit for a third. I currently rent a home, and we live on disability. I would like to purchase a home and have this home become a group home starting with the 3 children and possibly adding a fourth disabled foster child. I have some help from family members and home health aides, and a limited committment of financial help to get started. What is available to help me go to the next step?
Asked by Ideoform - Thu Apr 17 15:22:21 2008 - - 1 Answers - 0 Comments

A. You need the different licenses from the government agencies. Once you start with one the others will let you know what you need. A building up to code. Also a trained staff.
Answered by Lets Go Magic! - Mon Apr 21 15:16:03 2008

How many home can I be deducting mortgage interest for?
Q. For tax return, how many home can I be deducting mortgage interest for? Is it just 1st and 2nd home only? or can I also deduct mort. interest for my 3-4th home?
Asked by ibkid i - Sat Sep 23 21:03:38 2006 - - 6 Answers - 0 Comments

A. Primary residence can be directly deducted. Investment properties (anything other than your primary residence regardless of use) can be deducted when you itemize. Since you will be taxed on the investment property and any income it generates you will offset this with your maintenance costs and interest on the mortgage.
Answered by sunsetsrbest1 - Sat Sep 23 21:13:55 2006

Is home ownership possible for people with poor credit?
Q. I have poor credit, but I have a steady job and planning to enroll in a debt consolidation program. I have never owned a home before. Are there any programs for first-time home buyers with poor credit? Does anyone have any recommendations?
Asked by Tina R - Thu May 24 21:33:57 2007 - - 7 Answers - 0 Comments

A. If your credit score is poor and you are looking to buy your home, you can go for a bad credit home mortgage loan. Poor credit history includes series of late payments, bankruptcy or failure to pay bills. No matter how bad your credit history, with a bad credit home mortgage loan, you can easily borrow money to finance your house. This helps you to buy a home, redecorate your home or consolidate your loans. This type of loan reduces your total monthly payment because of lower interest charges and liabilities. As this loan gets tax relief, your tax liability reduces.
Answered by See Saw - Fri May 25 06:53:06 2007

Can you connect home theater system to your TV and watch normal TV programs (free) with Home theater effect?
Q. Basically I am planning to buy a home theater system with a DVD player but want to know if i can use that even without the DVD player. If i am just watching TV, is my home theater system is used or sitting idle?
Asked by adeodhar1 - Fri Dec 21 19:02:43 2007 - - 3 Answers - 1 Comments

A. Depends on your home theater systems and if it allows additional hook -ups to it. If it does then there should be no problem hooking up your TV for surround sound. But remember it will not sound as good as your DVDs because DVDs are digital or 5.1, normal TV signals are analog or 2.0 . If your home theater had Dolby Pro Logic ll, it will convert the 2.0 signal to 5.1.
Answered by coco2591 - Sun Dec 23 16:08:54 2007

Deducting mileage - do I have to take the home office deduction to qualify?
Q. I work for a small business. I do all of my work (except client site visits) from my home office. However, since I also use my home office for personal use during non-working hours, I assume I cannot take the home office deduction (correct)? Here is my question regarding mileage - I'm testing this using both TaxCut and TurboTax. In both cases, when I enter my mileage, it does not seem to reduce my tax owed. When I tell the program I want to use the home office deduction, then my mileage makes a difference. If I tell it not to do the home office deduction, then my entering mileage makes no difference. So, can I only deduct my mileage if I take the home office deduction? I haven't read anything to indicate this, but the actions of… [cont.]
Asked by pachelbel9 - Fri Mar 24 13:11:41 2006 - - 3 Answers - 0 Comments

A. For the home office deduction, if you use a portion of your home just for business, you may deduct your home expenses up to the percentage of square feet you use for business when compared to the total square feet of your home (If you use 100 sq. ft for business and the total home is 1000 sq ft, it is 10%). You do not have to take home office deductions to be able to take mileage on your vehicle. I am not familiar with Tax Cut or Turbo Tax, but there is probably a spot that you can put the vehicle as an asset (listed property) of the business and then put the total miles driven in 2005 and total business miles driven in 2005 (pre-September 1 is 0.405 per mile and post-August 31 is 0.485 per mile). The way you're describing this makes… [cont.]
Answered by delvinth - Sat Mar 25 01:06:04 2006

Can an in home daycare take the energy credit for new windows?
Q. My friend hired someone to do her taxes but he is not doing them very well. Didn't ask her about her itemized deductions, etc. Ok, so now on to the new windows. Used the sales tax from the invoice to deduct on the worksheet for the general sales tax. Big uncertainty here is this: Can she take the energy credit for the windows on her home even though she uses that same home as an in home daycare?
Asked by Jaynee W - Mon Mar 10 00:40:51 2008 - - 2 Answers - 0 Comments

A. Her home is a daycare? I'm unsure of how that would work. There would be several other questions I'd have to ask to determine the status of her home and/or business.
Answered by intheleast - Mon Mar 10 01:02:11 2008

What home custodial care services are available for seniors?
Q. My father is a non-ambulatory Alzheimers patient in his 7th year in a nursing home. We are considering bringing him home, and are considering hiring daily or twice daily custodial care services. Do any of you know about the types of services, what they do and what they cost? General or specific answers are both helpful.
Asked by Jamestheflame - Sun Apr 27 08:40:38 2008 - - 1 Answers - 0 Comments

A. You will find Home health services in some states, they will send a nurse at least once a week to do vitals etc. and may have an aid from home health come and bathe the person a few times a week also. Care givers can usually be found through home health agencies, and you will want references from care givers, and check those references!!! there are alot of great care givers out there, I have personally worked with many of them over the years, I did home care for many years.
Answered by evelyntrusty - Sun Apr 27 09:06:55 2008

What are the steps involved in buying a home?
Q. My family's home was destroyed by a tornado last week. It was a family home frome previous generations - paid for. Neither my husband nor I have ever bought a home before. We both rented before living in the now gone home. It's in the country. We have the deed to the land the old home was on. What are the steps we need to go through to get a home? We will need a deep well, septic tank, bank loan, everything. Where do we go to know what to do first - bank first or call the well-driller and septic tank person? We really don't know which way to get started. We are hoping to be able to get a double wide mobile home to put on this land. The land is only one acre. Unfortunately we have no insurance. The home we were in was an older… [cont.]
Asked by Plaid B - Tue Jul 10 10:34:27 2007 - - 4 Answers - 0 Comments

A. The first thing to do is decide if you are going to buy an existing home or have one built on the land you own. If you are buying an existing home you will need to obtain financing through a bank or mortgage company. Get pre-approved before looking for the home.Find a REALTOR that you are comfortable working with. Be sure to have the purchase of the home contingent on it passing an inspection. If you will be building a home on the land you will still need to obtain the financing to construct the house. Before getting the loan you will need to find a REALTOR who works with new construction and have them help you find the builder for you. I could go much further but this will set you on the right path.
Answered by bilbo baggins - Tue Jul 10 10:46:18 2007

How can you check a home inspectors creditability?
Q. I'll be looking to buy a house in the near future and I have heard some horror stories about people hiring a home inspector to inspect the house they are wanting to buy, then come to find out that the home wasn't properly inspected. When an inspector is looking over the house, are you allowed to walk around with them? Is there any way of finding out about certificates or anything positive about the home inspector, without having to ask them directly? I know there's a lot of con artists out there in the open and even the cautious person can get burned in the long run. I just don't want to buy a home after it's been "supposdly" inspected, then have everything go wrong afterwards and cost me a fortune. Any help would be appreciated!
Asked by PfcsBaby - Tue Jul 24 15:27:21 2007 - - 3 Answers - 0 Comments

A. Good question, it is hard to know who you can rely on. I might suggest that you go to the link provided and see if the professional association can give you some hints and advice on what to do and or look for in an inspector Home Inspectors Associations for all states: Best of luck to you Additional Details Forgot to give you this one What a home inspection looks at (voice tour)
Answered by newmexicorealestateforms - Tue Jul 24 15:34:10 2007

What home schooling do you go through to earn a diploma?
Q. I had asked about home schooling a few weeks ago. I forgot to add if any one knows of a home school where you earn a diploma after you complete school?
Asked by lil_attitude_222 - Sat Mar 8 10:03:10 2008 - - 4 Answers - 0 Comments

A. You can make your own diploma, or enroll in a home study program, or correspondence school. There are many schools out there, one I've interacted with is North Atlantic Regional School.
Answered by curly - Sat Mar 8 12:29:54 2008