Comments by "" (@commonsense6967) on "Michael Bordenaro" channel.

  1. Must be midnight! My neighborhood sounds like a war zone! Happy New Year's Michael and all!
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  2. Usually, waiting till your kids are 30-35 before giving them most of their inherited wealth is ideal. Most parents will be at least twice that age before they pass, so setting up a will that way might be a good idea.
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  3. Here's how to solve the homeowners insurance crisis: drop them like a hot potato. Pay off yourmortgage and tell them " buh-bye"!
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  4. North FL is more reasonably priced than S. FL.
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  5.  @transition6 Me, too. I left in 1970, and moved eventually to N. FL. Much less expensive here, and I hope it stays that way.
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  6.  @adamdavis5312 What?! Mone of that happened until mid-1960's. After that, people became dependent on government assistance, unfortunately. Few still know basic survival skills.
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  7. Thanks for the joke!
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  8. Biden has added WAY more than 8 trillion to the debt by now! Look at all the billions Biden's giving to corrupt Ukraine!!
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  9.  @TravelTechie415 I know what you're talking about. But not all areas of FL have sulphur smelly water. In most areas of far north FL, our water comes from the huge Floridan Aquifer, fresh water from deep underground. Tastes great, no smell.
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  10. An insurance agent told me that 25 miles from a coast is considered "coastal" and rates willbe higher than non-coastal. It's difficult to live in FL and be more than 25-30 miles from a coast, though!
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  11.  @erty7012 They had to be informed and sign documents agreeing to the arrangement at the time of purchase; so yes, the owners knew (or should have known) of the risks.
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  12.  @MrFreddyjack Iagree. Not worth $2K savings to risk getting convicted for insurance fraud.
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  13. Yeah, I hate noise pollution.
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  14. Too many illegal tresspassers driving without licenses and causing accidents.
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  15. I've been in N. FL for decades, and never had flooding or hurricane damage. Am now self-insured and loving it!😊
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  16. FL has the lowest ratio of state government workers to population of any state!
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  17. Exactly!
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  18. Yes, that is what it is.
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  19. Haha...he can't, they are state matters. And he should be held accountable for his unconstitutional student debt election bribe, which YOU and all taxpayers will be paying for in higher federal income taxes coming your/our way!
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  20.  @hlf_coder6272  Yeah, you are under someone else's rules to some extent when you rent. And that's one reason I'm a homeowner.
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  21. High taxes and loonytunes government in Illinois.
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  22.  @justinmatisewski1285  CA is lawless, with no protections for citizens. Illegals can drive cars and work there. Not in FL, though. And if you're caught driving with no minimum suto insurance in FL, you can lose your license. But it's nowhere near as expensive as homeowners in FL is becoming.
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  23.  @carolbagwell6769 Years ago, State Farm agent told me she would cancel me if I ever made a claim, and I KNEW she was serious!
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  24. Sorry, but there is ALWAYS a danger that a homebuyer cannot refinance at an advantageous rate, and there is never a guarantee that your house will gain equity as fast or as much as you want. (People these days are mental midgets, I swear.)
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  25. I agree, if by "corrupt"you mean "socialist", because the extra costs should be borne by the idiots living on the beaches and coastlines, not by the rest of us.
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  26.  @josephmessina3587 No, in my state (FL), the statutes require the insurance companies show just cause (the financials, IOW) before a rate increase can be granted. Which is different than for almost any other for-profit corporation, btw.
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  27. Exactly! Pay off mortgage and be free.
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  28. Why? They might be very happy!
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  29.  @cassandrawright-mq5kp By the way, the Federalist Papers are just a discussion about the different ideas that the signers of the founding documents had back then.
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  30. Smart guy😊. I'm doing the same.
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  31. I have lived all over N FL, and always liked living in Pensacola. Nice beaches there, too.
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  32. Ha ha. Not happening. Maybe in 10 years or so.
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  33. Or rent them out long-term.
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  34. This wouldn't happen in FL, because deadbeat tenants are not difficult to have evicted. But sorry this happened to your friend. Sad.
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  35. Yes, taxes go up 10% each year on my investment rental, but I pass the increase on to my renters. I cannot even think of ever selling it because I've owned it for so longthat I'd payhalf the sales price in capital gains. So at my death, my heirs will inherit it free of those capital gains (stepped up basis.) Good thing I'm 72.
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  36. FL "Hometown Heroes" is a program created strictly to bring in teachers, nurses, police, firefighters, etc. IOW, it is a way to attract the helping professions to FL that otherwise would not ordinarily be able to afford to buy a home here. IOW, a win-win situation, allegedly.
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  37.  @carlrasmussen2778 Exactly, and good on you, Victoria! I'm 72 and feel the same!
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  38. VERY RED!❤ Thanks to Gov. DeSantis!
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  39.  @kylelapre2945  Just for comparison, I have a 3 BR old house in N. FL that I rent to long-time tenants for less that $1300 per month! It's 1200+ sq. feet plus a deck, carport and big backyard. Key West area is the most expensive in the state! Not everywhere in FL is overly-expensive.
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  40. How about ALL the condo owners be forced to take their turn on the HOA board for one year?! And how about the condo dwellers actually be required to attend at least several meetings per year??
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  41.  @andredaedone7732  A summary administration in FL is only possible for estates of less than $75,000, or was as of 2012, when my mother passed. Most houses alone are going to be worth more equity than that. Anything over that requires a usually very expensive formal probate administration, or as you mentioned, if it's under $75,000 and contested. I ended up going with an internet law firm in Pensacola for my mother's formal probate, but it is strictly for people who a) understand the probate process and b) are willing to do a lot of the legwork involved themselves. I think the cost was about $3,000 in 2012, and it worked OK for me.
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  42. I inherited property in NC, and looked into selling it (two vacant lots in a golf-course community.) Was shocked to learn that realtors there charge 10% commission, and the NC state laws require that the seller use a licensed NC attorney to transfer the property! Ripoff laws.
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  43. A lot ARE going out of business.
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  44. I predict the red states will break away from the blue Marxist states over this. States rights are sovereign, and we red-staters are tired of supporting freeloaders.
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  45. The house I'm still in had a 15 year10.5% mortgage when we bought it in 1989! And in the '70s, inflation was even worse than today! I've seen it all before, too.
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  46. There is no point, except for $$. I once had an agent fail to disclose that my prospective house's carport had an entire side of rotten wood, and found out from the pest control company that they had informed her of this at the time of inspection. Did she pass this info on to us, the buyers? No, of course not, because she might've lost the sale and her commission. It was an expensive mistake for us, because we had to replace the rotten wood at our expense.
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  47. The lender will call the loan in.
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  48. There are lots of townhouses and houses without HOA fees in N. FL. I own two here.
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  49. Trailers in FL are only good till a hurricane hits, lol.
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  50. Yeah. All the wildfires.
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