DO YOU OWN AN EMPTY HOME? Here’s What You Need to Know

Are you selling a home or trying to rent a home that has been vacant for more than a few days?  Although I am sure you have insurance, you may still be unknowingly at risk.  Many homeowner policies have a “vacancy clause” that is triggered by the home being empty for an extended period of time that will cause homeowners to not be as protected in times of need, warns the National Association of Insurance Commissioners. 

Bought A Foreclosure Recently? Here’s How to Protect Yourself

Undoubtedly, you have heard how banks have foreclosed on homeowners that did not deserve it and now some homeowners are fighting back.  Well, if you have purchased a foreclosure in the past few years, you may have a property that fits this description and may encounter an angry homeowner trying to reclaim the home.  If you have purchased a foreclosed property in the last three to five years, locate and check your title insurance to make sure that it will cover you if a claim on the property from the former owner were to arise.  If you are in the processing of purchasing real estate property, safeguard yourself by electing to get title insurance that has comprehensive coverage.

How to Finance Your Small Business

The Sandy Springs/Perimeter Chamber of Commerce will present a breakfast program Monday, October 18th aimed at helping its small business members gain knowledge about what financial programs exist that can help their business.

Cornerstone Bank President & CEO Chris Burnett and Economic Development Corporation of Fulton County Executive Director Eugene Herriday will deliver the keynote address entitled, Building Capital Resources. For further details on how to participate in the meeting, contact events@sandysprings.org, 678-443-2990 or visit http://www.sspchamber.org

Mortgage Help for Military Families

Do you, or anyone you know that is in a military family, need help with mortgage payments?  Fannie Mae says it will reduce or suspend mortgage payments for up to six months for military families if they are unable to pay because of the injury or death of a service member.

Military members or surviving spouses should contact their mortgage company or call this special military phone number: (877) MIL-4566.

Source: Associated Press (09/27/2010)