Quote:
Originally Posted by ryans65
I'll preface this with saying I'm not smart or financially sound-
What happens when banks are loaning money on properties that the buyers cannot afford to insure? Is there a point where banks will be able to subsidize the cost of insuring the houses they've lended money on? I keep joking we'll be in FL until I can no longer afford insurance but then again where exactly will it be "affordable"?
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Aren’t most homeowners insurance policies amortized into the mortgage payment?
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‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
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