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Normally our school with take up donations to give back to the family
Like most things like this, if someone we know is going through tough times most of us pull together to help, donate etc...
This is a really important factor to consider when determining what property to buy. Before you buy a home, you have access to natural hazard maps which outline what level of risk each property is to certain natural disasters. Our team helps our buyers understand the risk level they’re taking on.
To help you manage that risk, home insurance exists to help make you whole in the case of fire, flood, earthquakes or other disasters. Not all policies cover all potential disasters -- for example, most of the time, homebuyers need to buy a separate earthquake insurance policy to get covered.
But even with insurance, it may still cost you money to get your home back to its original state.
With Landed specifically, over the time we work together, we expect our homeowners to keep the home in a similar shape to when they bought it. Like your mortgage lender, we also require that you carry certain insurance to help minimize the chance that an unlikely disaster bankrupts you and your family.
That said, working with Landed, you have an extra support system in figuring out how to proceed in the face of unexpected disasters. Because we are not a lender, but a co-investor, our interests are very aligned with homeowner’s interests.