Comments on: Why are people burning their houses down for insurance money??

By: sarge

sarge — Fri, 25 Dec 2009 10:28:59 +0000

desperation
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just the average marine sergeant

By: AnswerDude

AnswerDude — Fri, 25 Dec 2009 09:58:59 +0000

WOW, hasn’t hit national news OR I just have not watched much national news! ! !

The housing crunch is not too bad in East Tennessee. We didn’t have lenders giving creative loans and our houses were not as inflated. I would guess house prices have only dropped less than 10% in my area.

CA must be one of the toughest hit areas????
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By: Godless

Godless — Fri, 25 Dec 2009 09:44:59 +0000

Why not try? if it works, they get out of everything, if it doesn't, no big deal. (a couple years in prison or probation)
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By: luvcrops

luvcrops — Fri, 25 Dec 2009 09:13:59 +0000

Our economy sucks! No thanks to Bush!! People can't make house payments so burn it down & hope to pay most of it off with the insurance $$. This is what my insurance friend says.
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By: Christine

Christine — Fri, 25 Dec 2009 09:06:59 +0000

Well, a lot of people are burning their homes because they are about to go into foreclosure and would rather loose their home, and gain the insurance money than to completely loose their homes and have that on their credit. That is what I saw on the news, I keep up with this stuff pretty well, so I do think that is what you are talking about.
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By: tyleraimee

tyleraimee — Fri, 25 Dec 2009 08:35:59 +0000

You must live in the south
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