Not sure of the details. I believe they originally had insurance when they

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Jan 9, 2025
11:10:47am

Doogal McCougar All-American

Not sure of the details. I believe they originally had insurance when they

obtained the mortgage, but their policy was recently not renewed or severely limited.

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Doogal McCougar

Previous username: boscatar
Bio page: Doogal McCougar
Joined: Jun 14, 2012
Last login: Jan 9, 2025
Total posts: 16,568 (1 FO)

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Messages

Author

Time

As a real estate guy.. I wonder where all of these fire victims are going to live. I assume many of them have 2nd homes

HarlemCoug Intervention Needed

Jan 9, 10:30am

The rental market is going to be nuts

mudpupper

Jan 9, 10:31am

Maybe Blackrock started these fires

pink22

Jan 9, 10:32am

Hopefully they stop halfway in Utah and make home there. Texas doesn’t need any more Westerners

WDaddy

Jan 9, 10:32am

The data show that TX is getting more red because of the Californians. That the type of Californian who is moving to TX

HarlemCoug

Jan 9, 10:34am

That’s fine. Let them build up the red stronghold in Utah.

WDaddy

Jan 9, 10:35am

Utah is out of room and water

TSTTKB

Jan 9, 10:46am

Utafornia would be perfect. They love small lots and air pollution.

Baron

Jan 9, 10:39am

It will take years to rebuild with the crazy regulatory environment in CA

Jan 9, 10:33am

You can buy anything in California with money, even bypassing regs.

WDaddy

Jan 9, 10:33am

Tell that to Bill Maher and Suzanne Somers. If you aren't aware of their stories then do a quick search. Not getting

HarlemCoug

Jan 9, 10:37am

It’s labor regulations, environmental regulations that increase costs. Capping

Jan 9, 10:41am

How do you build a fireproof and earthquake safe house on a hillside?

Ycrazy

Jan 9, 10:34am

and how is the bank going to get you a loan knowing you can't insure it.

Cougarclaw

Jan 9, 10:36am

I’m curious what it does to the market in LA. Do we see a drastic decrease in

RevolutionDeathsquad

Jan 9, 10:35am

Simple supply/demand scenario. Supply just shrank, demand won't

Tare

Jan 9, 10:38am

Won't the inability to get mortgages on uninsurable property affect demand?

Doogal McCougar

Jan 9, 10:48am

CA will step in and cover fires just like FL covers hurricanes

Tare

Jan 9, 10:53am

I'd bet most of the relief funds come from the Feds.

HarlemCoug

Jan 9, 11:00am

For this disaster, yes but when enough insurance companies pull out the state

Tare

Jan 9, 11:33am

There will be a bidding war for homes in that area.

Conan

Jan 9, 10:36am

I have wondered that too

El Careeb

Jan 9, 10:41am

My neighbor's cousin just lost everything. Starting over from basically nothing

Doogal McCougar

Jan 9, 10:46am

I hate to ask... did he have insurance and if not how did the mortgage company allow it?

HarlemCoug

Jan 9, 11:01am

Not sure of the details. I believe they originally had insurance when they

Doogal McCougar

Jan 9, 11:10am

Also if you are a contractor, could you run down there and pick up some big

RC Vikings

Jan 9, 10:55am

You need a contractor license in CA and it ain’t easy to get.

WDaddy

Jan 9, 10:58am

Mass deportation will make this difficult

Tare

Jan 9, 11:36am

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