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American Capital Agency Corp. Message Board

  • onion1273 onion1273 Oct 31, 2012 10:26 AM Flag

    OT: Storm devastation:

    For those of you who do not live in the northeast, Sandy was a doozey.
    Trees down on houses, on powerlines, on cars...
    No power for 2 days now and thats for an entire 5 miles radius that I drove with execption of small isolated areas..So no stores, no restaurants..I have a generator but no phone, no internet, no cable.
    Am at work for now but going to look for a gas station thats open.

    Good Luck

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    • My sympathies. Hope you will resume your normal life soon.

    • Here in the Rocky River section of Cleveland, we lost some siding on the house but used AGNC profits to install a 12kw Kohler natural gas generator. Cleaned up a lot of fallen branches, plies of leaves, and a dead shark.

    • Some of the pictures of areas near the coast reminded me of the Tsunami in Japan. You could see foundations but there was nothing sitting on them. I can only imagine that if you lived in those areas and did not evacuate but somehow managed to live through it, that you will be the first to evacuate in the future when told to. I hope that when people started to see that roofs were flying off of buildings and waves were caving in the sides of buildings that they figured out a way to get to someplace safer.

      If you are alive and well but your home is gone but you have insurance that will cover the damage, then what you will get when all is done is a brand new home better than the one you had before. I would not consider that to be a bad thing if I were in this situation. In fact, I would consider it a good thing. However, if you did not have adequate insurance then you are screwed. But who is to blame for that? Not the rest of the country.

      If the federal government provides any aid for home owners it should only be to cover their deductible as their insurance should take care of the rest. If they canceled their insurance after they paid off their loan then that is a decision that they should have to live with, not us. You can't expect to go around acting irresponsible and then expect others to bail you out when you fall in the hole you dug for yourself. That would be like letting drunk drivers get off with a slap on the hand. It just leads to intolerable behavior if you don't make people pay for their own bad behavior.

      I have earth quake insurance which is optional but many don't and the reason they give is because if an earth quake is bad enough to start causing considerable damage to homes then the area will be declared a disaster area. I just say to them that I will get my check for repairs in a week or two while you will be waiting for the government to respond. Good luck with that.

      • 2 Replies to raybans2
      • yourbestfriendintheworld yourbestfriendintheworld Oct 31, 2012 4:13 PM Flag

        there are pictures of a pile of debris that used to be someone's house, now resting on a bridge to a barrier island in NJ (Montowonk? Matawonk? something like that). one of the pictures shows a lone house in the background standing on the island. the caption mentions it used to be surrounded by other houses. i google-mapped the spot (not hard to find from the clues in the captions and photos) and found that house. and yes, it looks to have been 1/6th to 1/4th-acre density, four or five rows deep, and now it's just that one house and a lot of sand. my question is how that one house, which looks completely intact but must have been up to its eaves in water, managed not to float away with the rest.

        as for government assistance, anyone who thinks it will ever be equal to what insurance will pay, they're fooling themselves. you're not rebuilding a fleet of $1.5-million beach houses with $5-10k debit cards.

      • What part of CA are you in, Mr. Bans2?

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