If you live in some place like North Carolina, then chances are that your main mode of transportation is by car, truck or sport utility vehicle. Sure, North Carolina has some mass transportation in the form of buses, trains and taxis, but you are going to wind up paying far more for these sorts of transportation methods versus just owning your own vehicle.
In more metropolitan areas such as New York City and San Francisco, mass transit works wonders. For instance, if you live in Manhattan, it is almost a convenience to own a vehicle because this means that you then have to constantly fight to find a parking space. In addition, parking in the city is never free, and you often have to pay heft fees to secure a regular parking space in a local garage or otherwise. Instead, most people commute by train, taxi or walking. There are even some people who are brave enough to actually use a bicycle to navigate the busy city streets.
Mass transit is extremely convenient in a lot of ways though. For starters, when you use mass transportation, you don’t have to worry about paying a high car payment each month or paying for car insurance. This can sometimes save people huge sums of money alone. However, you have to face the possibility of being inconvenienced when you have to wait outside in the cold for a bus that is not running on time or for a cab because most of the other cabs are full. There is less privacy with public transportation than you woul have if you owned your own vehicle. There are also people who get along fine by joining a carpool system; but again, you are faced with the fact that you have to share a space with other people who you may not necessarily know or care to share a commute with. In essence, you often get what you pay for.
In other cities such as Raleigh, Charlotte and elsewhere in the United States where there has been a population explosion over the last couple of years, mass transit is becoming increasingly popular as people are seeking alternative forms of transportation to help the get where it is they need to go. In the city of Raleigh, for instance, there has even been discussion of having a monorail system built to help transport people between the cities of Raleigh, Durham and Chapel Hill, North Carolina (which constitutes the ‘Research Triangle’). However, ideas like this often take a long time to implement due to high costs and budgetary constraints.
There is hope, however, because recently, designs have been drawn up and are starting to be implemented for making the ‘Research Triangle’ area of North Carolina a more commuter-friendly place to live. Things such as bike lanes on roads, roundabouts and shuttles are making it easier than ever for people to get where they need to go without always having to necessarily rely on a car to get them there.
Filed under Home Insurance by on May 16th, 2010. Comment.
I asked this question before about TITLE INSURANCE. Please answer this very specific question.?
If you paid for a title policy on land you purchased 8 years ago and are now putting a house on it, why can they charge you so much money to do a new title policy on just researching 8 years? Why is it so much when all they have to do is go down the courthouse and do a quick computer search for RECENT activity? I know the purpose of title insurance, but to charge the same amount of money for something they already researched seems wrong. By the way, what is the time limit to receive a reduction in a title policy that has already been researched? I can’t imagine having to pay the total price for title insurance on the same land with the same owner, say 2 years after it was done? Mine was 8 years ago. What is the time limit and is their a discount?
Sounds like you are looking for a re-issue rate. Should be available depending on the state you are looking in.
Remember there are 2 components here; A title SEARCH and a title POLICY. The current search should be a current owner and should be much less than a 40-or 60 year purchace; but some states only require a 10 year search for a policy; state specific
Rates for a policy are based on value insured more than time searched. If you only had a policy for land only 8 years ago and now are looking at a single family residence, the rate is going to be higher
Filed under Home Insurance by on May 16th, 2010. Comment.
Tenants ran off without paying, left the place in vandalism and squalor… Will insurance pay?
The tenants are clearly broke (can’t sue them)… they left the house nearly ruined with breakage and feces.
Mine would not, that is what deposits and law suits are about.
Filed under Home Insurance by on May 15th, 2010. Comment.