Favorite team:LSU 
Location:The Promised Land
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Number of Posts:906
Registered on:6/9/2009
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[quote] I don’t think the underwriting personnel take that amount of time or are that precise in their information gathering and valuations which probably leads to minimum info being inputted and wild swings in coverage amounts [/quote] Thank you for confirming that such a possibility can indeed ...
That's right - because when people ask for assistance, they sometimes streamline details when doing so. It doesn't mean they lack the info completely, which I can ask for later. To ask you a much more applicable question, do insurers generate their Coverage A amounts from the same place/progra...
What the hell is it with you? Do you honestly think a question can't be asked on behalf of someone else? Like I said, it ain't my house, so I'm not the one shopping around. Whether you believe that or not is totally irrelevant to me. ...
[quote]I asked you for the insurer of the quote. [/quote] I have no idea, since it's not my home. What I can tell you is that there are 4 different quotes, which have the separate rebuilding estimates below: 130,000 160,000 206,000 236,000 That's some pretty wild variation....
[quote]Guess you want to bitch and moan and sound ignorant without actually wanting help.[/quote] So go ahead and enlighten me with what I'm missing. You can do that, right?...
[quote]Ding bat, answer my previous question[/quote] Do you think you can act like an adult first? There's already an OT Lounge out there....
[quote]Cost of labor and materials in Orleans is higher than elsewhere in the state. As stated, there aren't 235k new homes being built in Orleans. I would assume that cost includes a new slab and driveway and plumbing. The "cheap looking aluminum things" is probably going to run almost 10k these ...
[quote]Is there a garage, carport, or patio space in addition to that 1,120 square feet? All of that factors into rebuild cost, plus as someone else mentioned…debris removal.[/quote] No garage at all, no patio space, and just a very simple carport. The carport at the most would be probably add 3...
[quote Basic is really cheap Formica countertops, vinyl tile, and a ceiling fan/light in each room. Some of those upgrades don't add much, but when you add them all.[/quote] That's exactly what this house has, and that's why $236,000 has me bewildered....
I'd swear there was a builder or construction company owner on here recently that mentioned it's around $150/square foot for something basic. Wish I could find the dang post!...
[quote]It isn’t cheap to rebuild after a natural disaster [/quote] You don't say. Can we get a little more specific?...
A family member of mine is shopping around for insurance in homeowner's insurance in Orleans Parish, and she's being told that her coverage has to be for $236K on a home that's 1,120 square feet. Nothing fancy at all about this place, typical ranch style home, low ceilings everywhere, etc. Just ...
[quote]I think he’s her publicist or used to be some sort of press communication person. [/quote] He's definitely connected to Gregory Joseph in some type of capacity, but I'm just curious to find out who he actually is....
Does anybody know who the bow tie wearer is? He's always there whenever she speaks to the press. [img]https://bloximages.newyork1.vip.townnews.com/nola.com/content/tncms/assets/v3/editorial/b/05/b05ff28f-2b44-5ddb-a580-e09eeec05649/64efaa52ecc92.image.jpg?resize=990%2C660[/img]...
[quote]It depends on the opportunity cost of the extra money. What would you do with it? On that low of a mortgage balance with a 4.5 rate, I would consider stopping the extra payments as long as you use the money to make more money. There are a number of options available to do this. Having said t...
[quote] Also, despite the perhaps differing perspectives, I did want to congratulate you on being at the tail end of your mortgage. That's a big day and something to be celebrated. I hope the rest of your life is doing well too. [/quote] Much appreciated, and same wishes to you! :cheers:...
[quote]Oh yeah - what is the actual maturity of the mortgage? Also, what is your (regular) payment - like $700?[/quote] I wish I knew an exact date on the maturity, but if I refi'd in 2009, does that mean it's 2039? Sorry for not knowing the ins and outs about that stuff. Monthly payment is $50...
[quote] The real truth is I'm guessing all of these amounts are rather piddly for the OP, so it doesn't actually matter hardly at all. I still think it makes sense to walk through the logic, though. A lot of people have had a Depression-era mentality pummeled into them by older relatives over the ye...
[quote]Let's put it this way - if the lender offered you the chance to take 10 years instead of 2 years to pay off the remaining balance, you would happily take that deal. The goal is almost to never pay it off in a sense.[/quote] I would have to say no, because I want that mission accomplished m...
[quote]Lots of downvotes, so I'd like to hear: what is the rationale for paying off a nearly 0% interest loan in a world where CASH is earning almost 5.5%?...a world that also has some value on the table outside of just mainstream stock indices.[/quote] Just to be a little more specific, with t...