November 2007
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In this Issue:
California Wildfires Bring Stark Reminder Is It Time to Bury St. Joseph Again? Cut Back Your Home's Thirst for Power
(Please feel free to post your comments at the bottom of the newsletter.)
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California Wildfires Bring Stark Reminder
But many aren't prepared, experts say.
People think things like fires, hurricanes, and earthquakes (just to name a few) wouldn't happen to them or they had put any preventative steps on their to-do list for next year.
It's true whether we're talking about wildfires or flooding or hurricanes, there can be major financial consequences if you're unprepared.
The California wildfires, fed by drought and fierce, dry winds, forced nearly a million people to flee their communities, burned more than 500,000 acres and destroyed some 2,000 houses. Insured losses could exceed $1 billion, according to risk assessment firms, making it among the most costly wildfires in the past 25 years.
If you're a homeowner, You need to evaluate your insurance coverage and think about the physical changes you may need to make to your home and surroundings to keep them safe.
Consumers need to buy special insurance policies for floods and earthquakes, but fire and smoke damage are covered under standard homeowners, renters and business insurance policies. Fire damage also is covered by the comprehensive section of auto insurance policies, but many people fail to get enough coverage.
Pick up the phone and call your insurance agent and ask the key question, "Do I have enough insurance to completely rebuild my home if it burned to the ground?" If the answer is no, you should seriously consider buying additional insurance, especially if you have items like antiques or collectables. We discussed this topic last month in our October Newsletter article on "5 Common Insurance Mistakes."
After a disaster, the costs of labor and materials can surge, and there may not be enough
When looking to buy a home, don't just look at the floor plan and determine if there's an elementary school close by. Think about possible disasters in the area, what protection is already in place, and what might need to be added.
Our hearts and prayers go out to all of the victims of the fires in California. It will be a struggle to say the least. But let's all learn from this tragedy and not be caught short in the insurance category when disaster like this strikes again.
Is It Time to Bury St. Joseph Again?
With the worst housing market in recent years, St. Joseph is enjoying a flurry of attention. Some vendors of religious supplies say St. Joseph statues are flying off the shelves as an increasing number of skeptics and non-Catholics look for some saintly intervention to help them sell their houses.
According to the National Association of Realtors, existing-home sales fell 8% in September to a seasonally adjusted annual rate of 5.04 million units, the lowest level in nearly 10 years.
Most statues come in a "Home Sale Kit" that is priced at around $5 and includes burial instructions and a prayer.
Demand for the statues has been growing. One website that sells the statues had to recently switch to all online orders because the increase in calls went from about two a week to 25 calls a day, and now reports selling about 400 statues a month, more than double the amount sold a year ago.
Methods of burying the statue vary. Instructions in one package give buyers several options, including burying it upside-down next to the "For Sale" sign, burying it three feet from the rear of the house and burying it next to the front door facing away from the home. Most detailed instructions are largely intended to prevent people from forgetting where they put their St. Joseph.
Once someone's home sells, custom holds, the statue should be dug up and put in a place of honor in the new home. But not everyone is aware of the follow-up step.
Some clergy aren't sure how St. Joseph would feel about his replica ending up on its head in the dirt, and suggest displaying it somewhere in the house instead. Theologians say there's no official doctrine that calls for the statue's interment.
In a down seller's market, St. Joseph appears to be making a comeback.
Cut Back Your Home's Thirst for Power
Amid record setting oil prices and dire predictions about staggering heating oil prices this
Here are some No Cost and Low Cost energy saving measures:
No Cost Ways to Save Energy
Heating
Hot water
Cooking
Appliances
Refrigeration
Washing machine and dishwasher
Electric clothes dryers
Lighting
Low Cost Energy Saving Measures
Heating
Hot Water
Lighting
Refrigeration
Windows, Doors and Draughts
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The televised images of homes collapsing in wind-driven wildfires in California should serve as a stark reminder that disasters can happen just about anywhere at anytime and that homeowners need to be prepared.
for people to be fully reimbursed.
The Catholic saint has long been believed to help with home-related matters. And according to lore now spreading on the Internet and among desperate home-sellers, burying St. Joseph in the yard of a home for sale promises a prompt bid.
winter, people are looking for ways to reduce their heating and electricity usage and lower their utility bills.








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