Steps to Take before Putting Your Home on the Market

By on 8-05-2013 in Insurance Bad Faith

Selling your home can be a frustrating experience, especially if it continues to sit on the market for weeks or months at a time. Many sellers wonder why their home is putting off potential buyers. Often, the answer is that the home is excessively cluttered, worse-for-wear, and sloppily presented for sale.

Staging a home, the act of sprucing up the exterior and interior of a house before placing it on the market, has a successful track record. Not only does staging help get your home sold, it also can substantially increase the sale price. Buyers like to envision themselves in a home that has plenty of storage space and new fixtures; as a result, spending some money to stage your home before putting it on the market offers a huge return on investment.

There are a number of different ways to make your home more presentable. Here are a few excellent methods to improve the appeal of a property.

  • Declutter – Removing furniture from a home is one of the most effective ways to make a home appear larger. A cluttered home makes potential buyers feel uncomfortable, and as a result, they are less likely to consider buying your home.
  • Repaint – Applying a fresh coat of paint to a room or wall can spice up the interior of a home and greatly increase its curb appeal. Neutral colors, from tans to soft blues and greens, make living areas brighter and relaxing. Bright, garish walls can actually reduce the value of your home, so replacing them with neutral paint is a cheap and easy solution.
  • Clean – Hiring a professional cleaning service can do wonders for your home’s appeal. In particular, cleaning surfaces that see a lot of use, like hardwood floors and counter tops, can revitalize a kitchen or living room. In fact, professional cleaning services offer one of the highest return on investment ratios of any staging technique. Additionally, it is a good idea to make sure that visible exteriors should be cleaned as well, like entry-ways, patios, and garage doors.

Professionals list poor home staging as the number one mistake sellers can make when putting their properties on the market. This Pinterest outlines a few small changes that can make the entire selling process easier and much more rewarding.

What to Do if You Suspect Insurance Bad Faith

By on 8-05-2013 in Insurance Bad Faith

Americans rely on their insurance companies to negotiate claims in good faith, making sure that insured people receive correct compensation for any damage that is covered by their policy. However, when insurance companies refuse to investigate damaged property, such as a house or a vehicle, or claim that the damage is not covered under a policy, the insurance adjuster may be acting in bad faith.

According to the website of insurance attorneys from Dallas, TX, Smith Kendall, PLLC, insurance companies across the country attempt to save money by cutting corners, taking extended periods of time to reach a settlement, or leaving homeowners without a settlement until they are forced to fix their properties themselves. In the event of a natural disaster, such as a hurricane, insurance companies might be unwilling to hold up to their end of the bargain.

If you believe an insurance company is acting in bad faith, you may want to put your grievances into writing and send the letter to your adjuster. Sometimes an accusation of bad faith will spur an insurance company into changing their position and providing correct compensation for the damages. Insurance companies that adopt aggressive positions toward claimants can often bully their customers into under-settling or giving up completely on their claim. Don’t allow insurance companies to prevent you from receiving due compensation.

Winning a bad faith lawsuit, especially against a large insurance company, is a very difficult prospect. If your insurance company has been acting in bad faith, you should broach the issue with your adjuster to see if the company will change its position and award you a settlement. If the letter fails, you may wish to contact an attorney experienced in bad faith lawsuits who can help you win punitive damages in court as recompense.