Posted by Bruce-NE on December 09, 2000 at 09:26:19:
I can certainly identify with that. We had a regular house burned down by a demented renter after he found out the house had been sold. We were out of state owners and had trusted the rental of the house to an agency. Bad choice. Fortunately, the insurance company paid the max amount allowed for the property and we were able also to sell the lot at a nice price. This enabled us to put a down payment on the ranchette of our dreams.
Sometimes you can turn a smoldering wreck into a real nest egg!