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Reply #23: Via tragedy we lost our home (w/2nd mortgage) in a fire in 05 [View All]

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nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-03-09 07:31 PM
Response to Reply #21
23. Via tragedy we lost our home (w/2nd mortgage) in a fire in 05
We went through pure hell getting Allstate to pay us fairly for our loss - took 2 years but with the payoff we bought 2 homes on 2 acres in a rural neighborhood where there are no restrictions on what you can do with your property. We have another 4 acres of woods in the same town and we can clear and farm if times get bad.

Free and clear of obligations ('cept property taxes). My hubby isn't retirement age yet but will have a small pension from Texaco(non-401k) + SS if it still exists. I will only have SS (if it still exists).

If we must, we can make it through...

I just wish I could get my grown kids to prepare themselves for whatever life tosses their way. Right now they are basically as carefree as fruit flies. Ugh.

Anyway, I agree what corps like JP Morgan, Citi, etc. are doing needs to stop yesterday. If you or I were to do what these corps are doing, we'd be serving several years in prison with our lives in ruins.

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