Wednesday, April 29, 2020 / by Vanessa Saunders
Piermont Avenue, NY after Hurricane Sandy.
From Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
In Global Property Systems Real Estate's first year in business, we were struck by Hurricane Sandy. Our home and office were rendered permanently uninhabitable due to flooding. According to our homeowners insurance, damage from "wind driven water" wasn't covered.
Thinking back, it would have been good to know how "at risk" we were in that location when we purchased the house. Every home in America is at risk for some kind of disaster, whether it's a hurricane, earthquake, nuclear power plant radiation or the spread of COVID-19. A new tool from a start-up called Augurisk allows members to plug in an address anywhere in the United States and get a ranking of what the major risks are for that location and how severely it may affect your life.
When buyers apply for 30 year mortgages, they don't know what's likely to happen to their home year. ...
Wednesday, September 12, 2018 / by Vanessa Saunders
Our thoughts and prayers go out to the people living in Virginia and the Carolinas in the wake of Hurricane Florence. We rode out Sandy and it was a terrible storm we are still feeling the impact of today. We know you are aware of the risks of both evacuating, or staying, so be prepared whatever you decide to do.
You may not think of it, but REALTORS® in the affected areas have a different set of preparations than most. Willo Kelly, CEO of the Outer Banks Association of REALTORS® (OBAR), related to Inman News, the nation's largest real estate news outlet, how she and her company are preparing their business for the storm.
“We are preparing for the worst and hoping for the best, ensuring that staff, our members, leadership and its families are all safe,” she told Inman in a phone interview.
“There have been mandatory evacuations called in the past and lessons learned from past storms. There is a bit more concern about this particular hurricane becaus. ...