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Not only do you pay property tax and a host of other fees, you have to pay homeowners insurance (which usually covers nothing) on top of that. Worst part, is the bank originating the loan (read making money out of nothing) is the one usually offering the insurance, creating a massive conflict of interest

Not only do you pay property tax and a host of other fees, you have to pay homeowners insurance (which usually covers nothing) on top of that. Worst part, is the bank originating the loan (read making money out of nothing) is the one usually offering the insurance, creating a massive conflict of interest

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[–] • 0 pt

I lost a home that wasn't insured and it was fully paid for. That was a bad decision to go without.

[–] • 0 pt

Now that the horse is gone, make sure you close that barn door.

[–] • 0 pt

Yeah, insurance for everything