[beanmaestro]

[quote=burghMan]
The representative from USAA told me that they won’t insure for less than replacement value without any explanation. When I asked why this is a requirement, she seemed completely perplexed and just repeated that was the “rule.” Hardly what I would call “doing a good job” or “professional service.”

I’m a fool for just blindly accepting what some clueless phone rep tells me?

I know some people put USAA on a pedestal – and they are a great company for many things – but they aren’t perfect all the time.[/quote]

The quotes I got from USAA were actually 10-20% higher than the Farmer’s policy we got. The Farmer’s policy has a rider that lets you spend 50% more than the insured amount to rebuild (USAA had the same thing, but only for 25%). That let us insure for $200/sf while being covered for $300/sf rebuild.

[beanmaestro]

[quote=burghMan]
The representative from USAA told me that they won’t insure for less than replacement value without any explanation. When I asked why this is a requirement, she seemed completely perplexed and just repeated that was the “rule.” Hardly what I would call “doing a good job” or “professional service.”

I’m a fool for just blindly accepting what some clueless phone rep tells me?

I know some people put USAA on a pedestal – and they are a great company for many things – but they aren’t perfect all the time.[/quote]

The quotes I got from USAA were actually 10-20% higher than the Farmer’s policy we got. The Farmer’s policy has a rider that lets you spend 50% more than the insured amount to rebuild (USAA had the same thing, but only for 25%). That let us insure for $200/sf while being covered for $300/sf rebuild.

[beanmaestro]

We got the front-loading Amani washer for $400 at home Depot this weekend. It was one of the cheaper high-rated washers on Consumer Reports, and was selling for half their “average” price. My wife liked it because it’s a high-efficiency design (basically all front-loaders are) and wasn’t reported to have a problem with moldiness around the seal (if you keep the door closed).

We’re keeping our old dryer tho. It works fine, and gas dryers haven’t changed much… it’s still a rolling drum over a burner.

[beanmaestro]

We got the front-loading Amani washer for $400 at home Depot this weekend. It was one of the cheaper high-rated washers on Consumer Reports, and was selling for half their “average” price. My wife liked it because it’s a high-efficiency design (basically all front-loaders are) and wasn’t reported to have a problem with moldiness around the seal (if you keep the door closed).

We’re keeping our old dryer tho. It works fine, and gas dryers haven’t changed much… it’s still a rolling drum over a burner.

[beanmaestro]

We got the front-loading Amani washer for $400 at home Depot this weekend. It was one of the cheaper high-rated washers on Consumer Reports, and was selling for half their “average” price. My wife liked it because it’s a high-efficiency design (basically all front-loaders are) and wasn’t reported to have a problem with moldiness around the seal (if you keep the door closed).

We’re keeping our old dryer tho. It works fine, and gas dryers haven’t changed much… it’s still a rolling drum over a burner.

[beanmaestro]

We got the front-loading Amani washer for $400 at home Depot this weekend. It was one of the cheaper high-rated washers on Consumer Reports, and was selling for half their “average” price. My wife liked it because it’s a high-efficiency design (basically all front-loaders are) and wasn’t reported to have a problem with moldiness around the seal (if you keep the door closed).

We’re keeping our old dryer tho. It works fine, and gas dryers haven’t changed much… it’s still a rolling drum over a burner.

[beanmaestro]

We got the front-loading Amani washer for $400 at home Depot this weekend. It was one of the cheaper high-rated washers on Consumer Reports, and was selling for half their “average” price. My wife liked it because it’s a high-efficiency design (basically all front-loaders are) and wasn’t reported to have a problem with moldiness around the seal (if you keep the door closed).

We’re keeping our old dryer tho. It works fine, and gas dryers haven’t changed much… it’s still a rolling drum over a burner.

[beanmaestro]

I appreciate that it’s based on a simplification of statistics, but if Family A makes twice what Family B makes, then Family A should be able to handle a higher percentage loan than Family B, since they could cut their non-house expenses further than Family B if needed.

Or maybe I’m just in the minority where costs are negotiably decoupled from income…

[beanmaestro]

I appreciate that it’s based on a simplification of statistics, but if Family A makes twice what Family B makes, then Family A should be able to handle a higher percentage loan than Family B, since they could cut their non-house expenses further than Family B if needed.

Or maybe I’m just in the minority where costs are negotiably decoupled from income…

[beanmaestro]

I appreciate that it’s based on a simplification of statistics, but if Family A makes twice what Family B makes, then Family A should be able to handle a higher percentage loan than Family B, since they could cut their non-house expenses further than Family B if needed.

Or maybe I’m just in the minority where costs are negotiably decoupled from income…

[beanmaestro]

I appreciate that it’s based on a simplification of statistics, but if Family A makes twice what Family B makes, then Family A should be able to handle a higher percentage loan than Family B, since they could cut their non-house expenses further than Family B if needed.

Or maybe I’m just in the minority where costs are negotiably decoupled from income…

[beanmaestro]

I appreciate that it’s based on a simplification of statistics, but if Family A makes twice what Family B makes, then Family A should be able to handle a higher percentage loan than Family B, since they could cut their non-house expenses further than Family B if needed.

Or maybe I’m just in the minority where costs are negotiably decoupled from income…

[beanmaestro]

I have to admit, I don’t really follow the logic in these limits. Our expenses break down more or less as follows (well, before we bought a house)

25% taxes
35% savings
15% rent
25% other expenses

Other than not being stupid enough to grossly overpay for a house, I don’t see why we couldn’t spend 50%+ of our gross income on a house.

[beanmaestro]

I have to admit, I don’t really follow the logic in these limits. Our expenses break down more or less as follows (well, before we bought a house)

25% taxes
35% savings
15% rent
25% other expenses

Other than not being stupid enough to grossly overpay for a house, I don’t see why we couldn’t spend 50%+ of our gross income on a house.

[beanmaestro]

I have to admit, I don’t really follow the logic in these limits. Our expenses break down more or less as follows (well, before we bought a house)

25% taxes
35% savings
15% rent
25% other expenses

Other than not being stupid enough to grossly overpay for a house, I don’t see why we couldn’t spend 50%+ of our gross income on a house.

[Author]

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