Yup... Jeannie is determined to stick it out this winter...Hey Ross, is your lovely Jeannie still there with you? Is she going to tough it out in MO, or did she hightail it back to CA for the winter?
Guess what? It's raining...again. If the weather prediction is right, we should end up with about 1 1/2 inches of rain by the time this ends early Tuesday afternoon. Better than snow...which might show up on Thursday.
I do love it, except for the wind.Princess weather here. She would love it... I could do without it.
It's about 30F right now. The forecast is for 28 tonight. Really windy, too.
CD
minus 3 degrees fahrenheit right now
The fires in California. Heart broken, but I ask. How many homeowners had fire insurance?
Some may have opted out.
It’s up to the homeowners not to carry insurance only if their homes are fully paid for and I bet there were a few that lost their homes that didn’t...
In this tragedy and people saying they will rebuild, is that because they had fire insurance? As was said earlier, if you owned your home outright, fire insurance wasn't mandatory.
Caslon, unless the fire victims come forward and announce their own situation publicly, how would anyone know this information?
Ballpark estimation then for that area. Locals will be able to tell us. It might have been more advantageous to have had a mortgage requiring fire insurance. As opposed to those poor souls whose property was paid off and didn't necessarily require fire insurance, and opted out. How many were they?
Understood, I think. If you had a mortgage, was is mandatory that you carry fire insurance?
Here in Quebec, most mortgage lenders will, if you want, take an extra amount on your mortgage payments and pay the property for you out of that. Yes, they pay interest on the property tax account. They have done that at least since the late 1980s, when I bought my first house. I find it very convenient that I don't have to think about the payments for property tax. I wouldn't dream of telling the bank not to do that for me. If there isn't enough in my property tax account to cover the tax payments, the bank pays it anyways and just increases the amount they take for each mortgage payment to catch up. They spread it out over the period until next the payments are billed the next year.That is the way it is in Mass.
At one time the holder of the mortgage used to make you pay your yearly property taxes as soon as the bills hit the mail, to the bank to hold until they were due. They didn't pay interest on any of it and the courts deemed that the practice was illegal. My sister got a huge amount of interest that by rules of the court order, would have been paid from day one if the bank had not been holding the property taxes illegally.