Wednesday, April 29, 2020 / by Vanessa Saunders
How to know your home's disaster risk.
Piermont Avenue, NY after Hurricane Sandy.
From Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
04-29-207:00 AM
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. ...
From Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
04-29-207:00 AM
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. ...
