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April 16, 2008 at 9:10 PM in reply to: Santa Luz – 1470 Encendido 92127, McMansion @ 311/sq ft. #188799
PadreBrian
ParticipantThey do it all the time…a lot of borrowers burn their house down twice. But it’s not the bank that goes after the borrower, it’s the insurance carrier. The bank will file an insurance claim once they are aware of the damage, the carrier will investigate, pay the bank’s claim, and go after the borrower.
I hope this is true. The insurance companies are ruthless.
ParticipantThey do it all the time…a lot of borrowers burn their house down twice. But it’s not the bank that goes after the borrower, it’s the insurance carrier. The bank will file an insurance claim once they are aware of the damage, the carrier will investigate, pay the bank’s claim, and go after the borrower.
I hope this is true. The insurance companies are ruthless.
ParticipantThey do it all the time…a lot of borrowers burn their house down twice. But it’s not the bank that goes after the borrower, it’s the insurance carrier. The bank will file an insurance claim once they are aware of the damage, the carrier will investigate, pay the bank’s claim, and go after the borrower.
I hope this is true. The insurance companies are ruthless.
ParticipantThey do it all the time…a lot of borrowers burn their house down twice. But it’s not the bank that goes after the borrower, it’s the insurance carrier. The bank will file an insurance claim once they are aware of the damage, the carrier will investigate, pay the bank’s claim, and go after the borrower.
I hope this is true. The insurance companies are ruthless.
ParticipantThey do it all the time…a lot of borrowers burn their house down twice. But it’s not the bank that goes after the borrower, it’s the insurance carrier. The bank will file an insurance claim once they are aware of the damage, the carrier will investigate, pay the bank’s claim, and go after the borrower.
I hope this is true. The insurance companies are ruthless.
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188053ParticipantThank you, rustico. Is your name cliff, btw? hehehe
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188077ParticipantThank you, rustico. Is your name cliff, btw? hehehe
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188103ParticipantThank you, rustico. Is your name cliff, btw? hehehe
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188116ParticipantThank you, rustico. Is your name cliff, btw? hehehe
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188118ParticipantThank you, rustico. Is your name cliff, btw? hehehe
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188048Participantop, it sounds like it’s a large chunk of money, enough to warrant that they take out a HELOC (loler-coaster) in a few months. lol, here’s some news: In two months HELOC loans will be even harder to get….less and less banks making them as property values shrink (come back down to normal levels, pre-easy money…2002).
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188071Participantop, it sounds like it’s a large chunk of money, enough to warrant that they take out a HELOC (loler-coaster) in a few months. lol, here’s some news: In two months HELOC loans will be even harder to get….less and less banks making them as property values shrink (come back down to normal levels, pre-easy money…2002).
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188098Participantop, it sounds like it’s a large chunk of money, enough to warrant that they take out a HELOC (loler-coaster) in a few months. lol, here’s some news: In two months HELOC loans will be even harder to get….less and less banks making them as property values shrink (come back down to normal levels, pre-easy money…2002).
April 15, 2008 at 10:10 PM in reply to: A close friend/relative wants to borrow money. What do you do? #188109Participantop, it sounds like it’s a large chunk of money, enough to warrant that they take out a HELOC (loler-coaster) in a few months. lol, here’s some news: In two months HELOC loans will be even harder to get….less and less banks making them as property values shrink (come back down to normal levels, pre-easy money…2002).
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