Just curious, what to thousands do with only 25% of what their house was worth? Buy a home worth 75% less than their previous home? ☺
Exactly. I had no idea what hearing something like that would be like.
She said the agent started out saying, “ I have good news.” Then, it turned into, “You got the ‘maximum’... you get 25house The woman said she was so stunned she couldn’t speak and she had to hand the phone off to her husband.
I know her house was valued at a million dollars, but I felt sorry for her. Her shock was palpable. Who is to say that they can do a million dollar home, twice, for $250,000 dollars.
Naturally, one wonders to those with so much less, if 25% is “maximum”. I mean the million dollar home owner, surely, could afford catastrophic-occurance insurance.