RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Need Roof Work? 5 Tips to Avoid Scams

June 24, 2016 12:33 am

Replacing or repairing a roof is a costly undertaking—one that for many homeowners has been marred by disreputable roofing contractors. To avoid roofing scams, follow these tips, courtesy of the Insurance Institute for Home & Business Safety (IBHS):

1. Research roofing contractors diligently before hiring one. Consult the Better Business Bureau (BBB) and search for reviews and ratings online. Avoid contractors who have generated complaints, lawsuits, etc.

2. Confirm all credentials before hiring a contractor. A reputable roofing professional will be licensed, insured and bonded, and will be able to provide locally-based references. Request to review their license number, federal tax identification number, and certificate of insurance—a qualified professional will provide them. Fact-check this information with the appropriate authorities.

3. Get detailed estimates (in writing!) from contractors you’re considering hiring—more than one is best.

4. Do not enter into an agreement with a roofing contractor who solicits business at your doorstep, particularly after a storm. This could be a sign of an imposter.

5. Exercise caution when dealing with contracts. Be sure to read and re-read all documents, or have a third party review them with you, before signing them. Do not sign a contract with missing information—a fraudster may fill these blanks with inaccurate information. Do not feel pressured to sign a contract on the spot.

Most importantly, never pay upfront in full for roofing work. Scammers will make off with the money, never to be seen again.

Source: IBHS

Published with permission from RISMedia.


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Staying Put? How to Prepare to Age-in-Place

June 24, 2016 12:33 am

​Many older homeowners are set on staying in their homes as they age—“aging-in-place.”

To stay put successfully, preparation is key, according to Corey Carlisle, executive director of the American Bankers Association (ABA) Foundation.

“Older Americans make up the largest share of homeowners in the country,” said Carlisle in a statement. “In order for them to stay in their homes as they age, families and caregivers must plan ahead to ensure the elderly have all the resources they need to be safe, independent and financially secure.”

To start, Carlisle and the ABA Foundation recommend recruiting loved ones, or even a banker, to assess your finances. How long can you comfortably afford your current home? Will you need to budget for aging-in-place improvements? Will you require in-home care? Consider these questions as you evaluate your financial longevity.

A reverse mortgage is an important consideration—one that must be researched thoroughly. The ABA Foundation suggests visiting ReverseMortgage.org to comparison-shop for lenders and rates, and visiting HUD.gov to locate a reverse mortgage counselor in your area, before committing to a loan.

Size up your current home to see what modifications will likely be needed, and financially prepare to make them. Aging-in-place upgrades can include anything from handrails and no-slip flooring to a stair lift or ramp entrance—and, they can be as simple as placing an emergency contact list in plain view at home, according to the ABA Foundation.

After you’ve established a viable aging-in-place plan, conduct six-month check-ins going forward, the ABA Foundation advises. Revisiting your plan periodically will help you better adapt to the inevitable changes of aging.

Source: ABA

Published with permission from RISMedia.


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