Current Bank Failures and Related Issues

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citibank branch
Creative Commons License photo credit: TheTruthAboutMortgage.comIf you are keeping up with the current economic problems, you are well aware that many banks are in deep trouble. In fact, the Federal Deposit Insurance Corp. has reported a huge leap in problem banks. They have identified 76 banks that are in trouble. As you can imagine, this has a lot of people scared. Not only those who have their money in these institutions, but also those who are worried that their bank is next in line.
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Should You Have Renter’s Insurance

the PowerCD's current home
Creative Commons License photo credit: blakespot

If you’re renting a home and you don’t have renter’s insurance then you’ll want to pick up the phone right now and make a call to your local insurance agent. Renter’s insurance is an incredible bargain and can save you thousands of dollars and is actually pretty cheap. (more…)

Insuring Your Rental Property

Hans's-house-header-at440-by-G.E.Sattler
Creative Commons License photo credit: G & A Sattler

Being a landlord is fraught with perils and you’ll want to be properly insured against such catastrophes. Surprisingly enough, your existing homeowners policy may cover your rental properties to a degree. Check with your real estate agent to see if the policy does cover rental units and what sized properties.

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Basic Types of Real Estate Insurance


Creative Commons License credit: VisitMyLuxuryHome.com

If you’re going to make the sometimes-risky investment in real estate, you should make sure that you protect your purchase and your new property with the right type of insurance. The type of insurance that you’ll get depends on what your involvement is with the home (whether it’s your primary residence or a rental property) and whether you desire any additional or extended insurance.

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Insurance for your Rental Properties


Creative Commons License credit: drewsaundersEvery property owner knows that insurance is important, whether you own a single unit or if you own multiple units. But a good property owner will stay on top of their insurance and make sure that they are covered for all possible situations, especially if that property owner is a landlord as well.

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