Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Michael Bordenaro" channel.

  1. Since when are home inspectors expected to be cost estimators? Doesn't make sense. Really stupid if the inspector volunteered a roof estimate and should have declined if asked by the agent or buyer. Very dumb unless he/she was also an experienced roofing estimator, but probably not.
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  2. I would wonder what the developer of the site with the dig is asking to be paid for the site. There is plenty of greed on all sides to go around. There is always more to these stories than meets the eye.
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  3. If they had a previous homestead in Florida, then through portability, they can carry forward the save our homes benefits will carry to the new home up to the assessed value of the previous house.
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  4. The fake borrower's credentials very much in play during the last housing boom 2005+/-. Not a new thing and not limited to Canada. Happened right here in the US as well.
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  5. Citizens had a mandate several years ago to begin depopulating and it worked for awhile. Those new regulations could negative impacts but the question is: how will they enforce? Not sure how many policy holders they have, but that will be a monumental task..
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  6. The ghost of hurricane Andrew is alive and well in the memories of insurance providers. Was quite the event.
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  7. Watch out for when our Gov't defaults on treasury bonds under "emergency circumstances" they took GM out at the expense of shareholders, so think they would not screw over bond holders?
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  8. The unthinkable only is, until it happens. When it does, it is up front and center in our thinking. In 2010, the RE prices in 2005 we hard to fathom. In early 2022, RE prices in 2010 were impossible to fathom. So what is the next step?
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  9. You can easily obtain a mortgage amortization schedule on the web. Yes, it is shocking to see how it works and the early years are dominantly interest. The proportion changes constantly through the loan period. May not be such a good move to refinance if you are well into a loan. If you refinance in the first few years, then may not be bad idea. However if value of property has dropped, it may not be possible without adding cash.
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