SCRich
Silver Member
SNIP>>
I got to agree, I never finished school but I have a lot of it, life and family just prevent it for me now and I am "old school" and do not belive in this internet degree stuff after having gone to a private 4 year school.
Real Estate be VERY CAREFULL with those comments, I almost had a breakdown reading that post. I came from Florida last year got railroaded on my primary home but still made money (some), and I have 2 brand new homes that I am stuck with down there since I can't even give them away ($30K less than what I owe). I got one rented at $1200 with expenses at $2K and I am LUCKY I got $1200!! The other one is empty and I have had 3 real estate agents carry it with a total of maybe 4 showings in 12 months. I thought what you did and am borderline between living in a box or being well off. Another example, my Mom's home which would have sold for $700K about 18 months ago I placed on the market for $600K, then $590K and got one offer in 9 months. Took the offer and then the buyer tried backing out (tactic) till we went down to $550K. Tried for $549,500 and I told them to pound dirt (actually told my agent to tell them to pound something else that many on this forum use FEL's for!). The agent thought I was crazy for $500 and I said it was a matter of honor now and personal, not business. The agent gave me the $500 out of her pocket since I had refused the offer and she was going to loose out. Real Estate is not what it is cracked up to be, you can lose your shirt, real estate DOES go down in price do not let ANYONE tell you otherwise! Sorry pet peeve with me, has had me very close to losing it several times. I am willing to give my brand new home away if someone would take the loan over and I can't.
Back to topic, sorry I had to vent! But this topic is very connected with the insurance theme. The insurance companies are thief's, do NOT try telling anyone who has lived through a hurricane, or as in my case 4 hurricanes in 2 years otherwise. You may be looking at the wrong end of a barrel, this is a VERY sensitive topic and WILL push many people over the edge and has. Take take take, no claims, fit hits the shan and they will drop you like a brick with NO CLAIMS EVER MADE. Make a claim and they WILL drop you after NOT paying out! Need a roof replaced at a cost of $12K, you will be lucky if you get $5K (I KNOW THIS FOR A FACT IT HAPPENED TO ME!). I paid for 16 years with not one claim and paid more than most people can imagine. I had one claim (like most other neighbors) and got just some what I needed and got dropped. It's not a risk game for them, it's just legalized strong arm.
I was paying $3K for a 1600sq ft concrete block home BEFORE any hurricanes, my Mother was paying $6200 for a 3.5K sq ft block home. I am currently paying $1600 for a single 2K block home with nothing in it, it is empty in one case and rented (no personal property) in the other.
SF, Allstate and many other of the big insurance company's will be more than happy to take your car or life insurance policy in the south but try to get boat or homeowners. They refuse to write a policy and either canciled existing policies or sold them off to other no-name companies if they were currently in effect.
When you got to pay those numbers every year in insurance, when you got to worry who you will have to write you a policy each and every year when every 10 months you get a letter in the mail telling you to move on, they are NOT chosing to renew your policy it's no wonder the economy of the south is going/has crashed. No one can afford to buy a home, no one available to work regular jobs since they can't afford to live there. EVERYONE can't be retired, who will fix your home, serve you at a restaurant, or ring you up at a register.
FURTHER on State Farm do a google search for State Farm and Gun Owner. State Farm killed a policy here in South Carolina for a property owner (large property) when they found out he was shooting in his back yard. This long time policy owner was given 10 DAYS NOTICE! State Farm is NOT gun friendly and supports the gun control movement. I know that has nothing to do with tractors but tractors usually mean farms and most farmers do own at least one gun as a standard tool.
OK as you can tell I'm probably having a breakdown now with this insurance thing but I am not the only one, ask anyone from any state that has had a hurricane recently. I have no idea who I will go with and I don't trust ANY of them. I just bought an ATV, the tractor will be here next week and we will need to carry a policy on the home in a couple of months once it is complete. I pitty the next agent I meet with, my builder has lived with it and so did the real estate agents when I bought the property, they are ALL CROOKS!! I thought I had a few more months but with an ATV and Tractor locked up in a container on a semi-cleared piece of land I guess I better search for some theft coverage. Let me try to find some more pleasureable threads and take a diazapam, that should make me feel better.
mars1952 said:
I got to agree, I never finished school but I have a lot of it, life and family just prevent it for me now and I am "old school" and do not belive in this internet degree stuff after having gone to a private 4 year school.
Real Estate be VERY CAREFULL with those comments, I almost had a breakdown reading that post. I came from Florida last year got railroaded on my primary home but still made money (some), and I have 2 brand new homes that I am stuck with down there since I can't even give them away ($30K less than what I owe). I got one rented at $1200 with expenses at $2K and I am LUCKY I got $1200!! The other one is empty and I have had 3 real estate agents carry it with a total of maybe 4 showings in 12 months. I thought what you did and am borderline between living in a box or being well off. Another example, my Mom's home which would have sold for $700K about 18 months ago I placed on the market for $600K, then $590K and got one offer in 9 months. Took the offer and then the buyer tried backing out (tactic) till we went down to $550K. Tried for $549,500 and I told them to pound dirt (actually told my agent to tell them to pound something else that many on this forum use FEL's for!). The agent thought I was crazy for $500 and I said it was a matter of honor now and personal, not business. The agent gave me the $500 out of her pocket since I had refused the offer and she was going to loose out. Real Estate is not what it is cracked up to be, you can lose your shirt, real estate DOES go down in price do not let ANYONE tell you otherwise! Sorry pet peeve with me, has had me very close to losing it several times. I am willing to give my brand new home away if someone would take the loan over and I can't.
Back to topic, sorry I had to vent! But this topic is very connected with the insurance theme. The insurance companies are thief's, do NOT try telling anyone who has lived through a hurricane, or as in my case 4 hurricanes in 2 years otherwise. You may be looking at the wrong end of a barrel, this is a VERY sensitive topic and WILL push many people over the edge and has. Take take take, no claims, fit hits the shan and they will drop you like a brick with NO CLAIMS EVER MADE. Make a claim and they WILL drop you after NOT paying out! Need a roof replaced at a cost of $12K, you will be lucky if you get $5K (I KNOW THIS FOR A FACT IT HAPPENED TO ME!). I paid for 16 years with not one claim and paid more than most people can imagine. I had one claim (like most other neighbors) and got just some what I needed and got dropped. It's not a risk game for them, it's just legalized strong arm.
I was paying $3K for a 1600sq ft concrete block home BEFORE any hurricanes, my Mother was paying $6200 for a 3.5K sq ft block home. I am currently paying $1600 for a single 2K block home with nothing in it, it is empty in one case and rented (no personal property) in the other.
SF, Allstate and many other of the big insurance company's will be more than happy to take your car or life insurance policy in the south but try to get boat or homeowners. They refuse to write a policy and either canciled existing policies or sold them off to other no-name companies if they were currently in effect.
When you got to pay those numbers every year in insurance, when you got to worry who you will have to write you a policy each and every year when every 10 months you get a letter in the mail telling you to move on, they are NOT chosing to renew your policy it's no wonder the economy of the south is going/has crashed. No one can afford to buy a home, no one available to work regular jobs since they can't afford to live there. EVERYONE can't be retired, who will fix your home, serve you at a restaurant, or ring you up at a register.
FURTHER on State Farm do a google search for State Farm and Gun Owner. State Farm killed a policy here in South Carolina for a property owner (large property) when they found out he was shooting in his back yard. This long time policy owner was given 10 DAYS NOTICE! State Farm is NOT gun friendly and supports the gun control movement. I know that has nothing to do with tractors but tractors usually mean farms and most farmers do own at least one gun as a standard tool.
OK as you can tell I'm probably having a breakdown now with this insurance thing but I am not the only one, ask anyone from any state that has had a hurricane recently. I have no idea who I will go with and I don't trust ANY of them. I just bought an ATV, the tractor will be here next week and we will need to carry a policy on the home in a couple of months once it is complete. I pitty the next agent I meet with, my builder has lived with it and so did the real estate agents when I bought the property, they are ALL CROOKS!! I thought I had a few more months but with an ATV and Tractor locked up in a container on a semi-cleared piece of land I guess I better search for some theft coverage. Let me try to find some more pleasureable threads and take a diazapam, that should make me feel better.
