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    ‘Night to remember’: Cartersville Dances With the Stars tops $208000 – Daily Tribune News - March 9, 2021 by Mr HomeBuilder


    With a perfect score of 30, Carter and Keri Smith captured the Cartersville Dances With the Stars Judges Choice Award. The competition, which helped raise funds and awareness for Good Neighbor Homeless Shelter and the Cartersville/Bartow County school systems homeless education programs, was presented at the Clarence Brown Conference Center Saturday.

    I think we were both in disbelief and utter shock, Mrs. Smith said, about their winning performance. Carter was 100% confident they had made a mistake in asking us to participate. Out of all the many special people around this community, choosing us to participate was truly an honor.

    Performed to a 1950s song mix, the Smiths swing medley was choreographed by Milly Crenshaw with Celebrity Ballroom Dance Studio. The Cartersville residents were married in 2014 and share five children ranging in age from 18 to 21.

    Carter and I would like to think we are fun, upbeat folks to be around, so to reflect our personalities, we wanted something fun and fast, said Mrs. Smith, a senior account executive at Choice Home Warranty. We then decided on the 50s theme. We contacted a music professional to mix a selection of songs, presented it to Milly and her first response was wow, that has a lot of energy.

    So, from there we were up for the challenge of knowing that was her nice way of saying this may be too fast or hard for you to dance to. Carter had no dancing background prior to this event and he says he still does not qualify to claim any. He says, thank God for Milly, our patient, open-minded and uplifting coach. Milly deserves a medal or something.

    In its ninth year, Cartersville Dances With the Stars generated a little more than $208,000. In addition to sponsorship packages and ticket sales, the event raised funds by having competitors collect money from the public.

    We are absolutely thrilled with how the 2021 Cartersville Dances With the Stars event turned out, Good Neighbor Executive Director Jessica Mitcham said. In a year full of challenges, restrictions in number of attendees, changes in how couples fundraised prior to the event and health precautions, we are enormously thankful for all the hard work our eight couples and their professional coaches put into making this event a huge success. In total, after expenses were paid, we raised just over $208,000 to help support the homeless education programs in our school systems and the Good Neighbor Homeless Shelter.

    Formed in 1996, the Good Neighbor has served more than 8,400 people since its inception. In addition to the Transitional Housing program, the nonprofit now features two shelters and a street outreach.

    While they are housed, Good Neighbors shelter guests are required to find a job within four weeks, and the shelters staff helps them establish savings, focus on problem-solving skills and chart out future housing options.

    Cartersville Dances With the Stars is critical in our work to remind Cartersville and Bartow County of how many children and families rely on the services provided by the schools and Good Neighbor to support struggling children and families, Mitcham said. We are so grateful to all eight couples who really embraced rallying these causes this year, raised funds to support them and danced to entertain our guests.

    As Mitcham noted, this years Cartersville Dances With the Stars benefit featured eight married couples. Along with the Smiths, the competition featured Greg and Kim Free, Ahmad and Tamara Hall, Billy and Misty Jones, Bruce and Tracy Mulkey, Jay and Cait Parrozzo, Zach and Alexis Pritchard, and Josh and Lori Shook.

    The Pritchards took home the Peoples Choice Award for the most funds raised with nearly $50,000.

    Married since 2012, the couple has two children: Avery Claire, 6, and Page, 4. Zach is the owner of Pritchard Injury Firm and Alexis is a school counselor at Cartersville High School.

    We are so thrilled to have accomplished exactly what we came to do raise money for the students and families in our community, Mrs. Pritchard said. These programs can't function without the selfless donations from individuals and businesses in our area. And these students can't perform at their best every day if they're hungry or homeless.

    Along with learning their dance routine, the couple was busy raising funds in the months leading up to the competition. Their largest benefit, the Home for the Holidays golf tournament, was postponed due to snow and will now be presented March 22.

    Zach and I want to bless others as we have been blessed, Mrs. Pritchard said. God wants us to care for others and look after all our neighbors we're hardly scratching the surface, but we had a personal goal to raise as much money as we could.

    What's wild is that we found even in this pandemic and time of uncertainty, citizens of Bartow County still wanted to give. We had people call us to ask what they could do above and beyond what was asked of them. We truly believe Cartersville is the best place on Earth.

    With a nod to their teenage years, their cha-cha dance to Want to Want Me/I Want to Dance With Somebody was choreographed by Bobbie Bruton.

    I knew from the beginning that I wanted to channel our inner cheerleader and pitcher from our high school days, Mrs. Pritchard said. Luckily, a few of the members of the percussion section of our CHS marching band agreed to participate and put on the show of a lifetime.

    Our coach, Bobbie Bruton, wanted to be a little more technical with dance moves this year, so she chose the cha-cha and my only request is that we dance to Whitney Houston. Bobbie choreographed the most amazing routine and Zach and I can't stop watching the replay of that night. The routine, the costumes, the audience, the judges it was definitely a night to remember.

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    'Night to remember': Cartersville Dances With the Stars tops $208000 - Daily Tribune News

    How to Find a Contractor for Home Renovations – Motley Fool - March 9, 2021 by Mr HomeBuilder

    The renovation process, which used to rely on relationships and referrals and old-fashioned direct sales, is now modernized and made more transparent, as people can find a great contractor through platforms, social media, and customer reviews. Some home improvement contractors might not like the way that new discovery methods empower people, but those who are marketing-savvy or customer-focused can adapt and thrive. And for people who need the services of contractors regularly -- either for rental properties or fix and flips -- its better for business to be able to expand your network with just a few keyboard clicks.

    These platforms, whether they function as online networking hubs or vendor- matching services, are well known by now, and most people have spent some time on one or more while researching costs and contractors. Each of them is a little different: Houzz is a portfolio aggregator and networking hub, while HomeAdvisor is an information resource that leads into a direct-matching/lead-gen funnel for people to connect with multiple contractors. HomeAdvisor is great for gleaning info on the bathroom remodel or kitchen remodel process before contractor-matching. Houzz can lead you to the perfect interior designer and architect -- as well as provide visual inspo for a remodeling job. For smaller projects that may not require a licensed contractor, theres Thumbtack and Handy.

    The company generating the most buzz in this space currently is Porch (NASDAQ: PRCH), which recently went public via a SPAC deal and is notable for offering access to a variety of services. Beyond the home-construction trades, Porch is a platform for homeowners to connect with cable TV providers, movers, and home security companies.

    For those who still trust recommendations from neighbors and friends but dont necessarily want to make a bunch of calls to get recommendations, Nextdoor and Facebook (NASDAQ: FB) have become the easy way to get word-of-mouth referrals, or, as the case may be, do hyper-local marketing. Nextdoor just introduced a premium service for local contractors, and Facebook is known as the most effective platform for targeted SMB advertising. Facebook groups remain a very useful localized tool for getting real-life reviews on how someone behaved on a job site, whether they completed a project under or over budget, etcetera. If you find a reputable contractor on a Facebook group, you know theyre worth contacting, because the key tenets of current-day Facebook are: nobody agrees, and everyone has a complaint.

    The easiest way to be sure that youre hiring someone whos legitimate, licensed, and bonded is to go to the local chapters of trade associations, such as Builders Association or Latin Builders Association or the National Association or Plumbing Contractors Association. The local Chamber of Commerce can also be a good place to ask if you live in a place either too small or too large for trade associations to be helpful.

    Although the true usefulness of a home warranty is forever debated with no clear answer, one reason a lot of homeowners have them is because home warranty companies have networks of numerous contractors in all the most common specialty trades. The thing is, these companies pay the contractors less, so theyre not anyones favorite way to get a job. If you do find a good contractor through a home warranty company, hang onto their information in case you need them to do more work for you directly later down the line.

    Whether you find them through a platform or a social media group or through old-fashioned word of mouth, there are several steps you should take to vet a prospective contractor before hiring them.

    Have a look through previous jobs and talk through their process. Make sure they can clearly explain the work that was done, as this will demonstrate that they were hands-on with the job.

    This is a must for any professional contractor, but nonetheless, dont assume. Ask for proof of liability insurance (and ideally, also property damage coverage and workers compensation). Also check to make sure their license is current -- and that its theirs. The system of RMOs ("responsible managing officer," the one with the license) and RMEs ("responsible managing employee," who borrows the license for a kickback to the licensed contractor) can be abused sometimes, and its safer just to know that the person youre speaking to has a license. Even if they do intend to hire workers and subcontractors, they should still be engaged on site at the beginning.

    You may end up catching previous business bankruptcies, small claims against the prospective contractor, complaints, or even lawsuits. The construction industry draws all types, and jobs that arent professionally managed are especially magnets for dubious characters. A final deep dive on Google might save you many months of stress.

    When you get to the top one or two candidates, this is standard.

    Finding a reliable contractor has always been such an intimidating and hazard-prone process that many homeowners try to DIY projects or put them off indefinitely. Not only is home-improvement work expensive, but contractors have a reputation for setting their own terms once the job has begun. The modern discovery and vetting tools that exist today put a lot more of the power back in homeowner hands at the early stage -- and hopefully thats enough to start your project on the right track.

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    How to Find a Contractor for Home Renovations - Motley Fool

    Orchard adds home warranty and insurance to product offerings – Inman - December 11, 2020 by Mr HomeBuilder

    Real estate technology and services company Orchard announced Thursday its adding both home insurance and warranty services to its product offerings. The move comes on the heels of Orchard raising $69 million in funding with a stated goal to become the real estate industrys Amazon.

    Court Cunningham | Photo credit: Orchard

    Orchards home insurance and warranty services join its existing suite of products, which include a home loans division, title insurance and search tools, all integrated into its consumer-facing dashboard, which launched in September.

    At Orchard, were radically simplifying the way people buy their homes, bringing the entire experience, from start to finish, into the 21st century, Court Cunningham, the CEO and co-founder of Orchard, said in a statement.

    Cunningham added that Orchards customers have expressed a desire to integrate more parts of the homebuying process into the Orchard platform. Adding home warranty and insurance allows those consumers to have the option to get everything they need to buy a home with Orchard, according to Cunningham.

    Orchards insurance offering isnt direct-to-consumer, rather the platform will allow consumers to find the plans that work best for their needs. Consumers fill out an online application within the Orchard platform and receive an email with a side-by-side comparison of options.

    Through Orchards warranty platform, customers can buy a protection plan to shield them from many major expenses.

    All of the services, as well as associated documents required, are all integrated within the Orchard platform, making tasks like providing proof of insurance so the home loan can close on-time more seamless, according to the company.

    Orchard aims to serve dual-track consumers both buying and selling a home at the same time. The company operates in essentially three phases: a modern search platform, enabling customers to buy before they sell with a guarantee, and an all-digital close.

    Orchard, which is headquartered in New York City, currently serves customers in Colorado, Georgia and Texas.

    Email Patrick Kearns

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    Orchard adds home warranty and insurance to product offerings - Inman

    [Interview] How Total Home Protection Stays Ahead of the Competition in the Home Warranty Industry with CEO David Seruya – Seekers Time - December 11, 2020 by Mr HomeBuilder

    Today we are introduced to David Seruya, CEO of Total Home Protection. A Home Warranty company prized for its innovative solutions and excellent customer service. Continue reading to learn how this company was able to get ahead and become one of the most respected home warranty providers in the industry from the perspective of one of its leaders.

    When did you get your start in the home warranty industry?

    David Seruya: That would be in 2005. I was still working as a mortgage broker back then, but the company that I was working for had begun to decline. And, ultimately, before the year ended, it shut down completely and everyone was laid off.

    Thankfully, a college friend of mine had also been looking to get into a new business at the time. So, we decided to partner up and work on this new venture of ours together. At that point, we honestly didnt know much about the home warranty service industry. But, we knew that it had some room for competition. And, there was little online about offering home warranty plans directly to consumers, so we saw an opportunity that we just could not miss. So, we took it. Knowing that it would allow us to get ahead of the competition and disrupt the industry from the very beginning.

    And how did this first venture work out for you?

    David Seruya: Success did not come easy, thats for sure. Despite our confidence in our plan to disrupt the industry with innovative marketing, we did not make a single sale for almost six months! Still though, rather than throw in the towel, we continued to push forward with a tentative but persistent trial and error approach to test our limits.

    Personally, I find that this kind of approach is what allowed us to succeed in the end. You learn pretty quickly that, in business, if you want any kind of success, youll need to push forward despite the fear of failure. Because, as clich as it may sound, it is with these very failures that you will find a lesson learned.

    Who is Total Home Protections ideal customer?

    David Seruya: The ideal Total Home Protection customers are homeowners that are age 35+ with an annual household income worth around $150,000. Of course, we service homeowners of all ages and all budgets too. But, weve found it most successful to target those in this particular age and income bracket.

    And what kind of benefits can your customers expect by signing up with Total Home Protection?

    David Seruya: Total Home Protection offers home warranty plans that cover approximately 20 home appliances and systems. The coverage applies when they wear out no matter their age, make, or model. And, if we cant fix them, then well replace them with the exact model or offer an alternative solution if a complete replacement is not available.

    For full transparency, covered items must be in good working condition when the coverage is activated, and there are dollar amount caps that may apply. In addition to this, Total Home Protection reserves the right to offer cashback in place of repair or replacements.

    If youre a current or prospective home warranty policyholder, I recommend that you read our sample contract to make the most of your policy. There, youll be able to discover all the great benefits that our home warranty service has to offer.

    How has Total Home Protection been doing in such turbulent times? And how have you dealt with any of the issues that occurred?

    David Seruya: I believe that a lot of our success comes from our leadership team. No matter how crazy or incomprehensible the times were living in are, the THP leadership team is always innovating, implementing new technologies, and just growing along with whatever changes are happening in our economy.

    What do you find most satisfying whilst working for THP in recent times?

    David Seruya: We recently released our new proprietary CRM. It was outfitted with the latest AI technology to create a custom platform for THP policyholders that would allow us to reduce operation costs, generate sales, and provide insights as to how we can grow and improve from this point on. With this on our side, were more confident than ever to compete and stay ahead in such a competitive industry. This, as you can probably guess, is an incredibly satisfying experience.

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    [Interview] How Total Home Protection Stays Ahead of the Competition in the Home Warranty Industry with CEO David Seruya - Seekers Time

    COVID-19 Impact and Recovery Analysis | Product Warranty Insurance Market Procurement Intelligence Report Forecasts Spend Growth of Over USD 27.75… - December 11, 2020 by Mr HomeBuilder

    LONDON--(BUSINESS WIRE)--The Product Warranty Insurance Market is poised to experience spend growth of more than USD 27.75 billion between 2020-2024 at a CAGR of over 4.40%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages

    Read the 120-page research report with TOC and LOE on "Product Warranty Insurance Market Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend."

    SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Product Warranty Insurance Market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.

    Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment

    Insights into the Market Price Trends

    Insights to help buyers identify and shortlist the most suitable suppliers for their Product Warranty Insurance Market requirements. This procurement report answers the following questions:

    To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free.

    Insights into strategies that will help buyers optimize their category management practices. The report answers the following questions:

    Some of the top Product Warranty Insurance Market suppliers enlisted in this report

    This Product Warranty Insurance Market procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

    Get access to regular sourcing and procurement insights to our digital procurement platform- Contact Us.

    Table of Content

    Executive Summary

    Market Insights

    Category Pricing Insights

    Cost-saving Opportunities

    Best Practices

    Category Ecosystem

    Category Management Strategy

    Category Management Enablers

    Suppliers Selection

    Suppliers under Coverage

    US Market Insights

    Category scope


    About SpendEdge:

    SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more

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    COVID-19 Impact and Recovery Analysis | Product Warranty Insurance Market Procurement Intelligence Report Forecasts Spend Growth of Over USD 27.75...

    Toll Brothers Reports FY 2020 4th Quarter Results – GlobeNewswire - December 11, 2020 by Mr HomeBuilder

    FORT WASHINGTON, Pa., Dec. 07, 2020 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (, the nations leading builder of luxury homes, today announced results for its fourth quarter ended October31, 2020.

    FY 2020s Fourth Quarter Financial Highlights (Compared to FY 2019s Fourth Quarter):

    Full FY 2020 Highlights (Compared to Full FY 2019)

    * All references to home sales gross margin, adjusted home sales gross margin and SG&A, whether for the fiscal fourth quarter, the full fiscal year or with respect to future periods, reflect a reclassification of third-party brokerage commissions from cost of home sales revenue to selling, general & administrative expense (SG&A) for all periods presented. The reclassification resulted in an increase of approximately 2 percentage points to home sales gross margin and adjusted home sales gross margin, and an increase of approximately 2 percentage points to SG&A as a percentage of revenue for all periods presented. For a detailed reconciliation of the impact of this reclassification, see the Form 8-K and related exhibits filed by the Company on December 7, 2020.

    FY 2021 Financial Guidance:

    Douglas C. Yearley, Jr., chairman and chief executive officer, stated: In these challenging times, our team delivered on all fronts in our fourth quarter, exceeding our expectations for sales, revenues, margins and earnings. I am tremendously proud of how we have adapted to a rapidly changing environment.

    We are currently experiencing the strongest housing market I have seen in my 30 years at Toll Brothers and we continue to increase prices in nearly all of our communities as we focus on driving profitability and managing growth. The strong demand began for us in mid-May and has continued through today. In our fourth quarter, net signed contracts of 3,407 homes and $2.74 billion were the highest totals for any quarter in our history, up 68% in homes and 63% in dollars compared to one year ago. In FY 2021s first six weeks ended December 6, demand has remained very strong compared to one year ago, with our non-binding reservation deposits, which are a precursor to contracts, up approximately 48%.

    We attribute the strength in demand to a number of factors, including historically low interest rates, an undersupply of new and resale homes, and a renewed appreciation for the home as a sanctuary. The work-from-home phenomenon is also enabling more buyers to live where they want rather than where their jobs previously required. And since most of our customers have a home to sell, the tight resale market gives them confidence they can sell their home quickly at an appreciated value that can then be re-invested in their new home.

    The Toll Brothers build-to-order model is particularly well-suited to this moment as Americans place more importance on home than ever before. With the upgrades and choices we offer, our customers can personalize their homes to reflect their lifestyles with features such as home offices, fitness rooms, multi-generational living suites and stunning indoor/outdoor living areas.

    With our highest year-end backlog in 15 years and continued strong demand, we expect to deliver the most homes in our history in FY 2021. In addition, our strong land holdings and presence in over 50 markets position us well for 10% community count growth by the end of FY 2021. Based on the pricing power that has accompanied our strong sales since May, we expect gross margin to improve over the course of the fiscal year as we deliver those homes. And as we continue to focus on more capital efficient ways to acquire and develop land, we expect improvement in our return on equity in FY 2021. With our well-located land holdings, luxury brand and distinctive home designs that appeal to move-up, empty-nester and affordable luxury home buyers, we are strategically positioned for continued growth in FY 2021 and beyond.

    Toll Brothers Financial Highlights for the FY 2020 fourth quarter ended October31, 2020 (unaudited):

    Toll Brothers financial highlights for the fiscal year ended October 31, 2020 (unaudited):

    Additional Financial Information:

    (1) See Reconciliation of Non-GAAP Measures below for more information on the calculation of the Companys net debt-to-capital ratio.

    Toll Brothers will be broadcasting live via the Investor Relations section of its website,, a conference call hosted by Chairman & CEO Douglas C. Yearley, Jr. at 11:00 a.m. (EST) Tuesday, December 8, 2020, to discuss these results and its outlook for FY 2021. To access the call, enter the Toll Brothers website, click on the Investor Relations page, and select Events & Presentations. Participants are encouraged to log on at least fifteen minutes prior to the start of the presentation to register and download any necessary software.

    The call can be heard live with an online replay which will follow.

    Toll Brothers, Inc., A FORTUNE 500 Company, is the nation's leading builder of luxury homes. The Company began business over fifty years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol TOL. The Company serves first-time, move-up, empty-nester, active-adult, affordable luxury and second-home buyers, as well as urban and suburban renters. It operates in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia.

    Toll Brothers builds an array of luxury residential single-family detached, attached home, master planned resort-style golf, and urban low-, mid-, and high-rise communities, principally on land it develops and improves. The Company acquires and develops rental apartment and commercial properties through Toll Brothers Apartment Living, Toll Brothers Campus Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, and landscape subsidiaries. Toll Brothers operates its own alarm monitoring company through TBI Smart Home Solutions, a complete home technology division. In addition to providing security monitoring, TBI Smart Home Solutions offers homeowners a full range of low voltage options, allowing buyers to maximize the potential of technology in their new home. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. Through its Gibraltar Real Estate Capital joint venture, the Company provides builders and developers with land banking, non-recourse debt and equity capital.

    In 2020, Toll Brothers was named Worlds Most Admired Home Building Company in Fortune magazines survey of the Worlds Most Admired Companies, the sixth year in a row it has been so honored. Toll Brothers has won numerous other awards, including Builder of the Year from both Professional Builder magazine and Builder magazine, the first two-time recipient from Builder magazine. The Company sponsors the Toll Brothers Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information visit

    Toll Brothers discloses information about its business and financial performance and other matters, and provides links to its securities filings, notices of investor events, and earnings and other news releases, on the Investor Relations section of its website (

    Forward-Looking Statements

    Information presented herein for the fourth quarter ended October 31, 2020 is subject to finalization of the Company's regulatory filings, related financial and accounting reporting procedures and external auditor procedures.

    This release contains or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. One can identify these statements by the fact that they do not relate to matters of a strictly historical or factual nature and generally discuss or relate to future events. These statements contain words such as anticipate, estimate, expect, project, intend, plan, believe, may, can, could, might, should, likely, will, and other words or phrases of similar meaning. Such statements may include, but are not limited to, information and statements regarding: the impact of Covid-19 on the U.S. economy, the markets in which we operate or may operate, and on our business; our strategic priorities; our land acquisition, land development and capital allocation priorities; market conditions; demand for our homes; anticipated operating results and guidance; home deliveries; financial resources and condition; changes in revenues; changes in profitability; changes in margins; changes in accounting treatment; cost of revenues, including expected labor and material costs; selling, general, and administrative expenses; interest expense; inventory write-downs; home warranty and construction defect claims; unrecognized tax benefits; anticipated tax refunds; sales paces and prices; effects of home buyer cancellations; growth and expansion; joint ventures in which we are involved; anticipated results from our investments in unconsolidated entities; our ability to acquire or dispose of land and pursue real estate opportunities; our ability to gain approvals and open new communities; our ability to market, construct and sell homes and properties; our ability to deliver homes from backlog; our ability to secure materials and subcontractors; our ability to produce the liquidity and capital necessary to conduct normal business operations or to expand and take advantage of opportunities; and the outcome of legal proceedings, investigations, and claims.

    Any or all of the forward-looking statements included in this release are not guarantees of future performance and may turn out to be inaccurate. This can occur as a result of incorrect assumptions or as a consequence of known or unknown risks and uncertainties. The major risks and uncertainties and assumptions that are made that affect our business and may cause actual results to differ from these forward-looking statements include, but are not limited to:

    Many of the factors mentioned above or in other reports or public statements made by us will be important in determining our future performance. Consequently, actual results may differ materially from those that might be anticipated from our forward-looking statements.

    Forward-looking statements speak only as of the date they are made. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.

    For a more detailed discussion of these factors, see the information under the captions Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations in our most recent Annual Report on Form 10-K filed with the SEC and in subsequent reports filed with the SEC.


    TOLL BROTHERS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in thousands, except per share data and percentages) (Unaudited)


    Inventory at October31, 2020 and October31, 2019 consisted of the following (amounts in thousands):

    Toll Brothers operates in two segments: Traditional Home Building and Urban Infill ("City Living"). Within Traditional Home Building, Toll operates in five geographic segments. As previously reported, during the first quarter of FY 2020, management realigned certain of the states falling within its five home building regions. Within Traditional Home Building, the Company operates in the following five geographic segments, with current operations in the states listed below:

    The realignment did not have any impact on the Companys consolidated financial position, results of operations, earnings per share or cash flows for the periods presented. Prior period results have been recast to conform with the Companys current segments in the tables below:

    Unconsolidated entities:

    Information related to revenues and contracts of entities in which we have an interest for the three-month and twelve-month periods ended October31, 2020 and 2019, and for backlog at October31, 2020 and 2019 is as follows:


    This press release contains, and Company managements discussion of the results presented in this press release may include, information about the Companys adjusted homes sales gross margin and the Companys net debt-to-capital ratio.

    These two measures are non-GAAP financial measures which are not calculated in accordance with generally accepted accounting principles (GAAP). These non-GAAP financial measures should not be considered a substitute for, or superior to, the comparable GAAP financial measures, and may be different from non-GAAP measures used by other companies in the home building business.

    The Companys management considers these non-GAAP financial measures as we make operating and strategic decisions and evaluate our performance, including against other home builders that may use similar non-GAAP financial measures. The Companys management believes these non-GAAP financial measures are useful to investors in understanding our operations and leverage and may be helpful in comparing the Company to other home builders to the extent they provide similar information.

    Adjusted Home Sales Gross Margin The following table reconciles the Companys homes sales gross margin as a percentage of homes sale revenues (calculated in accordance with GAAP) to the Companys adjusted homes sales gross margin (a non-GAAP financial measure). Adjusted homes sales gross margin is calculated as (i) homes sales gross margin plus interest recognized in homes sales cost of revenues plus inventory write-downs recognized in home sales cost of revenues divided by (ii) homes sale revenues.

    Adjusted Home Sales Gross Margin Reconciliation (Amounts in thousands, except percentages)

    The Companys management believes adjusted home sales gross margin is a useful financial measure to investors because it allows them to evaluate the performance of our home building operations without the often varying effects of capitalized interest costs and inventory impairments. The use of adjusted home sales gross margin also assists the Companys management in assessing the profitability of our home building operations and making strategic decisions regarding community location and product mix.

    Forward-looking Adjusted Homes Sales Gross MarginThe Company has not provided projected first quarter and full FY 2021 homes sales gross margin or a GAAP reconciliation for forward-looking adjusted homes sales gross margin because such measure cannot be provided without unreasonable efforts on a forward-looking basis, since inventory write-downs are based on future activity and observation and therefore cannot be projected for the first quarter and full FY 2021. The variability of these charges may have a potentially unpredictable, and potentially significant, impact on our first quarter and full FY 2021 homes sales gross margin.

    Net Debt-to-Capital Ratio The following table reconciles the Companys ratio of debt to capital (calculated in accordance with GAAP) to the Companys net debt-to-capital ratio (a non-GAAP financial measure). The net debt-to-capital ratio is calculated as (i) total debt minus mortgage warehouse loans minus cash and cash equivalents divided by (ii) total debt minus mortgage warehouse loans minus cash and cash equivalents plus stockholders equity.

    Net Debt-to-Capital Ratio Reconciliation (Amounts in thousands, except percentages)

    The Companys management uses the net debt-to-capital ratio as an indicator of its overall leverage and believes it is a useful financial measure to investors in understanding the leverage employed in the Companys operations.

    Frederick N. Cooper (215) 938-8312

    A photo accompanying this announcement is available at

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    Toll Brothers Reports FY 2020 4th Quarter Results - GlobeNewswire

    Are You A New Homeowner? Learn About Getting A Home Protection Plan – Hill Country Breaking News - December 8, 2020 by Mr HomeBuilder

    Being a homeowner is one of the most excitingachievements, as very few things beat this feeling. As much as it is anexhilarating time, there is a need to ensure your home is protected.

    There are various ways to ensure you have acomfortable and secure living space. From beefing up security to purchasing ahome insurance plan, the real estate industry offers a myriad of ways to makeyour stay in your new home worthwhile.

    In this article, we are going to focus on one ofthe ways to protect you and your family investing in a home protection plan.

    A home protection plan is a contract between ahomeowner and a home protection company that covers the cost of maintaining andreplacing household appliances.

    It is not uncommon for people to confuse homeprotection plans for home insurance.

    Home insurance is different from home protectionplans. Home insurance covers the house and all its contents from unprecedenteddamages caused by fire, floods, or other calamities. Home protection plans, onthe other hand, protect your home appliances if it malfunctions, maintainingtheir functionality.

    There are various types of home protection plans.The best thing is that there are not many restrictions and homeowners cancustomize these plans according to their needs.

    There are various reasons why you need a homeprotection plan.

    Let us delve into specifics.

    A home warranty is an all-inclusive coverage thatcovers various home appliances and systems in the house. However, sincehomeowners are constantly upgrading their appliances and buying newer ones tomake house chores easier, some of these appliances might not receive coveragefrom home warranties. A home protection plan goes a long way in offeringcoverage for such appliances. That way, you receive maximum coverage for allyour household appliances.

    Home appliances can be expensive. For instance,refrigerators and washing machines cost hundreds of dollars, which is on thelower side. AC units and boilers, on the other hand, can cost thousands ofdollars. When these appliances fail or malfunction, repairs can cause deepfinancial strain.

    However, by investing in a home protection plan,your service provider caters to costs in case a covered household item needsrepair. Even if the repairs costs are very high, the service provider willcater to a larger portion of the costs, leaving you to top up a few dollars.

    What makes home protection plans very attractiveis the fact that they offer free routine maintenance to ensure your homeappliances serve you for longer periods.

    Malfunctioned household electrical appliances area source of stress. Whats even more stressful is getting a reputable handymanto repair it. Home protection plan service providers relieve these stresses asthey have technicians who possess the necessary knowledge and experience towork on these items. That way, you are spared the stresses of finding acontractor or falling into the hands of untrustworthy repairmen.

    It may come a time when you want to sell yourhome. Considering that homebuyers are very articulate in the condition of thehouse before they can make a decision, having a home protection plan mighthelp.

    In some cases, home protection plans for certainitems are transferrable. That way, you gain a competitive advantage againstother sellers, allowing you to sell your home fast and at a better askingprice.

    Home warranty plans cover a variety of appliancesincluding HVAC units, refrigerators, garbage disposal, dishwashers, microwaves,ovens, water heaters, washers, dryers, and many others.

    Additionally, you might have add-on options suchas roof leak protection, swimming pool equipment, additional refrigerationunits, and many more. However, the equipment covered in home protection plansdiffers from one service provider to the other.Before paying for one, you need to first understand what appliances willbe covered in the plan.

    Deciding to go for a home protection plan is aserious decision as it involves the investment of your hard-earned money. It isfor this reason that it is advisable to make careful considerations beforesettling for a home protection plan service provider.

    Below are some of the things to consider whenchoosing the right plan for you.

    As a homeowner, you may need to re-evaluate thekind of plan you want. If you are moving to an older home, a home protectionplan is definitely worth it. Additionally, since appliances tend to break downwhen you least expect it, even homeowners moving to newer houses need theseprotection plans.

    Finding the right protection plan requiresresearch. The insurance industry has a myriad of options when it comes toservice providers. What you need to do is come up with a list of homeprotection plan companies. Call or visit them and ask for free quotes. Next,you can scrutinize these quotes to gain a solid knowledge of how much money youare required to pay.

    As you look at the pricing, remember to alsocounter check the services they offer. If you are unsatisfied with the coverageoffered, ask the company if they are open to making adjustments or includingadditional services.

    Out of the many quotes you receive, narrow themdown to two or three. To ensure you receive your ideal coverage, visit each ofthese companies and ask questions in regards to their service provision,customer support, the contractors they use, as well as the companies terms andconditions for the contract. Do not be afraid to ask these questions as some ofthe information you may receive may not be readily available on social mediaplatforms or in the companys brochures.

    Once you have done this, you can then decide thehome protection plan service provider best suited for you.

    Read the original:
    Are You A New Homeowner? Learn About Getting A Home Protection Plan - Hill Country Breaking News

    WATCH: Twin Falls Sheriff’s Office Got Jokes; About That Warranty – - December 8, 2020 by Mr HomeBuilder

    Ok, I will never not share funny things from local law enforcement because it shows that they are just like everyone else. Including, getting those pesky calls about your vehicle's extended warranty. This is a video you don't want to miss.

    This video is honestly brilliant. We have all been there and you know, 2020 might actually be the year that the police actually start asking you about that extended vehicle warranty. Ha! Of course, I am kidding, but it does feel like these people are EVERYWHERE!

    This video is relatable on so many levels. How many times do you get this phone call a day? A week? A month? Sometimes I start getting text messages about my extended warranty on a vehicle I never had a warranty for.

    And again, I love when police show their human side and make people realize they are just like everyone else. They have a sense of humor, they have fun with people, they have families and friends and they aren't the bad guys.

    In the grand scheme of things, police, sheriffs deputies, first responders, law enforcement, they all just want to do their jobs and make it home safely.

    Though admittedly, if I got pulled over and this was a cop's response to me speeding, I would die laughing after I got nervous for no reason. Thank you for making my day with such a short clip and relatable laughter.

    The rest is here:
    WATCH: Twin Falls Sheriff's Office Got Jokes; About That Warranty -

    And They Want How Much For This Place?: Home Selling Tips Realtors Need To Reinforce & Owners Need to Hear. – Chicago Daily Herald - December 8, 2020 by Mr HomeBuilder

    You want the best price to sell your home and you want to sell it yesterday, right?

    Regardless of your home's listing price and all the pretty pictures online with expensive staging, Realtors still show your house live with buyers. And this is when too many deals fall apart or the offer you receive is way below what you expected.

    Why? Because the home is not clean and appears not to be maintained with care. And this is the responsibility of both the homeowner and your Realtor.

    Consistently, we read about surveys and horror stories about how little effort sellers invest in how their property shows. Dirt, rotten food in the fridge, pet odors (cats have caused more deals to go south than any animal on the planet), water leaks, mold on walls, dead mice behind washing machines--the list goes on. If your home looks, smells, feels unmaintained, the home inspector will not be on your side and the offer--if it ever is written--will not be what you expect.

    As a former homebuilder, investor buying and selling and consulting on how to sell properties, I, like you, realize what critical areas in a home can cause heartburn and trepidation in buyers not wanting to have to fix/replace broken stuff in your house for sale.

    If you're selling now or thinking about selling, here's a checklist to insure your home is looking it's best to secure the best offer. And if you're a Realtor, it's your responsibility to hold your client accountable to present a home that shows respectfully, and doesn't hamper your reputation of presenting a good product. If the homeowner doesn't realize what's important--it's your job to coach them, pure and simple. No excuses.

    1.Clean the house to an inch of its life. Hire a crew if need be, but clean it. Every single corner should shine. No cobwebs, bugs, dirt, pet hair, soap scum, or grime under/behind appliances, tops of cabinets or under sinks. Show pride in the home.

    2. If it smells like cat urine, get rid of the carpet that stinks and find a place for the cat to live for a while. Cat urine kills every deal. If it smells like cigarette smoke, do what is needed to eliminate it. Listen to your Realtor.

    3.Dirty carpet gives the perception you don't care about how you take care of your home. True or not, that's the impression. Clean sells.

    4.Dirty windows, screens and tracks need attention. Clean, lubricate and make them sparkle.

    5.Front door damage, scratched, threshold dirty? Entries tell what condition the home will be in what pride a owner takes. Paint it, clean it.

    6. If something is broke, fix it. Invest a little now or get a lowball offer later.

    7.Utility rooms: Wipe and shine up the furnace and water heater like a new car! New furnace filter, clean behind it, wash the floor, add a brighter light bulb, clean the dryer vent and make sure it's hooked up properly. Wipe the washer and dryer too, clean the shelves of supplies and wipe out the utility sink. If your mechanicals are not spotless, they look like they don't work properly. Does the water softener even work? Is there salt or a dead body in the salt tank?

    8. Sump pump pits: Spray paint the cover to make pretty, clean out the pit, wipe the discharge pipes to look white again.

    9. Window wells: Have you looked in window well in the past 10 years? It's a jungle and cemetery in there. Clean out the bones of mice and frogs, clean the window and well cover so the sunlight can actually get through. Add more stone to level the area to look clean.

    10. If there is any leaking faucets, drains under sinks, shut off valves, get them fixed now. If a shut off valve is frozen, this dangerous and it will cost you a lower offer. Run drain cleaner in every sink and clean out the hair balls hanging from tub and sink drains. Make sure drains run properly.

    11. Label every shut off valve, every breaker, damper, etc. with a fresh, bright label to show you care and make it easy for the owner to see where things are. It shows you are aware of these simple things. This scores points with home inspectors.

    12. Clean out ceiling vents and return air grills. Wipe the dirt, replace rusty ones and level every outlet cover to make things look crisp and well kept.

    13. Crawl spaces. Clean out junk and add a fresh plastic liner to keep moisture and odors to a minimum and to show you take care of your home. Add a brighter bulb and remove any old dirty insulation hanging from the ceiling or side walls.

    14. Check for mold in your attic. You can't hide it and if you don't fix it now, you'll have to fix it later. Bite the bullet and repair it.

    15. Replace toilet seats that are ancient. Clean the caps and rinse out the water tank with bleach so it looks cleaner, working order and smells better.

    16. Fix sink drains and dripping faucets. Secure towel bars.

    17. Re-caulk bath and shower tile. Filthy scummy, hard water stained fixtures are not appealing.

    18. Kitchen: Clean and level every door, every hinge and wipe out under every cabinet and make it shine and get rid of anything that is not pretty or clean. Run vinegar thru the dishwasher and clean the fried interior like your mother-in-law was going to inspect this weekend.

    19. Closets: Clean it, deodorize it and your 30 pair of shoes too.

    20. Vacuum under the beds and make sure closet doors work.

    21. Clean the fireplace and make sure the damper works, the hearth is clean and the doors are clean, working and are safe. Make it appealing, not look like a fire hazard.

    22. Do bath and bedroom door locks work? Are they loose, sticking or missing? Fix them now. Door bumpers broken? Holes in the wall? Closet pull chains not working?

    23. The garage: if it looks like a disaster, buyers presume it will take too long for you to get out after closing. Clean it out, paint the walls and brighten the lite bulb.

    24. Clean your gutters and downspouts, trim bushes from windows and clean the sidewalks and outdoor light fixtures. Does the front door lock work easy? Does the doorbell work? Make it look inviting, clean and safe.

    25. Information accessible: Have warranty cards, instruction booklets, HOA info all neatly placed in a folder. Make it easy for buyers to see you care.

    The cost and investment in completing these items is far less than what the offer on your home will be discounted to when you see it.

    Show buyers you take pride, take care and are proactive in maintaining your home. Realtors don't like being embarrassed showing properties that are not kept up and they won't work hard to get you the best offer either. Realtors don't want to make excuses for a poor looking property and won't bring their best customers to show your house. They're paid and incented to sell the sellable houses for the best price. Don't blame the realtor if you home doesn't look as good as it could. Tough love conversations, but no one else is going to tell you the truth you already know.

    Read more:
    And They Want How Much For This Place?: Home Selling Tips Realtors Need To Reinforce & Owners Need to Hear. - Chicago Daily Herald

    Today only, Home Depot discounts DEWALT, Milwaukee, and others by up to 45% – 9to5Toys - December 8, 2020 by Mr HomeBuilder

    Today only, as part of its Special Buy of the Day, Home Depot is offering up to 45% off select tools from DEWALT, Milwaukee, and more. Free shipping is available for all or you can opt for in-store pickup. Our top pick is the RYOBI 18V Cordless Combo Kit for $349. Thats down from the usual $450 price tag and $20 under the last deal we tracked. As a comparison, this bundle holds over $530 worth of value. Looking to build out a complete tool kit? This bundle checks all of the boxes with eight tools in all, including two drills, multiple saws, a sander, light, and more. Youll also receive two 4Ah batteries plus an additional 1.5Ah power pack, along with a wall charger. Two carrying cases are also included to help you keep everything nice and organized. Rated 4.7/5 stars by over 5,600 Home Depot reviewers. Head below for more top picks from todays sale.

    Update 12/7 @ 7:7 PM: CPO Outlets via eBay Daily Deals is offering the SKILSAW 15A 7.25-inch Corded Circular Saw for $42.49 shipped with the code PWRTL15 at checkout. Originally $80, and still going for as much at Home Depot, todays deal is the best available. Rated 4.6/5 stars and ships with a 2-year warranty.

    Another standout is the RYOBI 18V ONE+ AirStrike Nailer for $199. Thats down 20% from the regular going rate and matching our previous mention. Ideal for tackling various tasks around the home, such as trim and detail work. It also ships with a1.5Ah battery and a charger alongside a 3-year warranty.Rated4.6/5 stars.

    Browse through the rest of todays sale for more deals on tools from DEWALT, Milwaukee, and other big names. This promotion is good for today only and some listings are beginning to sell out, so act now if something catches your eye.

    Building out a toolbox for the first time?Check out our DIY essentials guidefor a step-by-step guide to putting together a toolbox.

    Enter the RYOBI ONE+ 18V System with the PCK600KN Cordless 8-Tool Combo Kit with 3 Batteries, a Charger, and 2 Tool Bags. The PCK600KN features a 1/2 in. 2-Speed Drill/Driver, 1/4 in. Impact Driver, Reciprocating Saw, 6-1/2 in. Circular Saw, Multi-Tool, Jig Saw, 5 in. Random Orbit Sander, LED Light, 1.5 Ah Battery, (2) 4.0 Ah Batteries, 18V Charger, and 2 tool bags. The (2) included 4.0 Ah batteries and (1) 1.5 Ah battery feature lithium-ion cells for longer overall life. The 18V Charger is compatible with all ONE+ 18V Lithium-Ion Batteries. Best of all, this kit is part of the RYOBI ONE+ 18V System of over 175 cordless tools that all work on the same battery platform.

    FTC: We use income earning auto affiliate links. More.

    Subscribe to the 9to5Toys YouTube Channel for all of the latest videos, reviews, and more!

    See the article here:
    Today only, Home Depot discounts DEWALT, Milwaukee, and others by up to 45% - 9to5Toys

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