[Aktungbby]

Originally Posted by Eichhörnchen

^ How on earth do you manage to get buildings insurance out there?

$$$$$$$ ...all of which translates to $1400 extra per annum, with a reasonable $40k deductable. I had noted in my 15 year appraisal career that home prices remain utterly unaffected by "acts of god"; and, as a review appraiser, countered several fraudulent appraisers who reflected otherwise...using their own altered report data; often in court as an expert witness. Most appraisers only do basic tract home stuff, not individual mtn homes on acreage, SF's classic mansions or "painted ladies" or 'celebrity architected properties'. These became my career niche; which I could charge more for and which others preferred to simply refer over to me. Being a history jock doing RE appraisal research was an easy transition. Avoiding bribes by desperate borrowers and making certain new construction, especially in the mountains, had all their permits was essential. Either one would immediately terminate my services. Earthquake insurance be damned; my errors and omissions appraisal insurance cost more...and I had to keep it up for five years even after switching careers to law enforcement to cover my a$$ during the 'statute of limitations' period as required under law.