GrainofSand

Joined: 29 May 2009 Posts: 22 Location: close to the Gulf of Mexico, Alabama
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Posted: Fri Jun 05, 2009 7:05 am Post subject: Market |
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Values are down and insurance and taxes up. Makes no sense. What is the purpose of insurance?? To protect against (any) loss. But we are going to specify a big deductible at our choosing against certain things and make you pay big.
If the mortgage companies would let people stay in their own foreclosed homes and pay rent, about half the amount of the mortgage, they would at least be getting some money and many of the houses would not sit vacant. Plus the people would not have to move until the house is sold. |
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