Forum Replies Created
-
AuthorPosts
-
TemekuT
ParticipantThanks for the clarification. It just didn’t seem logical to me that the insurance company would hand cash to the buyer if the lender was coinsured.
ParticipantThanks for the clarification. It just didn’t seem logical to me that the insurance company would hand cash to the buyer if the lender was coinsured.
ParticipantRe: sandiego’s post:
I don’t think the homeowner just gets the money. The lender is coinsured and the policy is required as a condition of funding the loan to protect the lender’s interest, not the buyer’s. I surmise any insurance settlement check would go into an escrow account and be paid out by a trustee directly to a contractor. I think the only money that goes immediately and directly to the homeowner is for temporary living expenses.
ParticipantRe: sandiego’s post:
I don’t think the homeowner just gets the money. The lender is coinsured and the policy is required as a condition of funding the loan to protect the lender’s interest, not the buyer’s. I surmise any insurance settlement check would go into an escrow account and be paid out by a trustee directly to a contractor. I think the only money that goes immediately and directly to the homeowner is for temporary living expenses.
ParticipantRe: sandiego’s post:
I don’t think the homeowner just gets the money. The lender is coinsured and the policy is required as a condition of funding the loan to protect the lender’s interest, not the buyer’s. I surmise any insurance settlement check would go into an escrow account and be paid out by a trustee directly to a contractor. I think the only money that goes immediately and directly to the homeowner is for temporary living expenses.
ParticipantAuto Lease – how many people decline the “gap” insurance…lots
ParticipantAuto Lease – how many people decline the “gap” insurance…lots
ParticipantAuto Lease – how many people decline the “gap” insurance…lots
ParticipantThe kids loved the pajama party. The adults are exhausted and were up in the night blogging and searching to see if the condo complex was still standing. Good news, the other relative called here early to report it was o.k. and the fire was stopped at the condo property line and has turned and headed towards Lake Forest in Orange County. The news says that Irvine fire is confirmed as arson. Meanwhile here in Temecula we don’t smell any fire nearby and there are no reports of fire, but my relatively heavy patio chairs were tossed over and scattered in the night.
The Sheridan house didn’t burn, the trees were on fire and the neighbors hosed it out.
ParticipantThe kids loved the pajama party. The adults are exhausted and were up in the night blogging and searching to see if the condo complex was still standing. Good news, the other relative called here early to report it was o.k. and the fire was stopped at the condo property line and has turned and headed towards Lake Forest in Orange County. The news says that Irvine fire is confirmed as arson. Meanwhile here in Temecula we don’t smell any fire nearby and there are no reports of fire, but my relatively heavy patio chairs were tossed over and scattered in the night.
The Sheridan house didn’t burn, the trees were on fire and the neighbors hosed it out.
ParticipantMy sister and brother-in-law in Tustin Ranch (Pioneer and Carlson) voluntarily evacuated earlier because they just couldn’t breathe. She said a fireball landed on their condo roof and the neighbors aimed a hose up to extinguish it. Another relative walked over there from across Tustin Ranch Road and called us to report the complex was in danger. And the fire department roared in, 8 trucks.
ParticipantMy sister and brother-in-law in Tustin Ranch (Pioneer and Carlson) voluntarily evacuated earlier because they just couldn’t breathe. She said a fireball landed on their condo roof and the neighbors aimed a hose up to extinguish it. Another relative walked over there from across Tustin Ranch Road and called us to report the complex was in danger. And the fire department roared in, 8 trucks.
ParticipantNorthwood is in Orange County, in Irvine. But it turns out the real danger is in Peters Canyon, on the Tustin side of Portola and Jamboree (actually across Tustin Ranch Road). That’s just a small area and at first the news was reporting the problem in Northwood, but from what we can tell it’s in Tustin Ranch. The fire is minor in comparison to what’s going on in other areas.
ParticipantNorthwood is in Orange County, in Irvine. But it turns out the real danger is in Peters Canyon, on the Tustin side of Portola and Jamboree (actually across Tustin Ranch Road). That’s just a small area and at first the news was reporting the problem in Northwood, but from what we can tell it’s in Tustin Ranch. The fire is minor in comparison to what’s going on in other areas.
-
AuthorPosts
