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Updated almost 2 years ago,
Guidance needed, contracted to buy but seller won't produce insurance claim details
Hi everyone!
My offer was accepted on a duplex in Cape Coral, but the seller who is also a realtor has been really ambiguous on providing information about an insurance claim. Originally we were told it was a claim for the roof which was closed. Come to find out from our insurance agent, a claim is still open to the tune of $80k plus. The seller is saying it's closed but can't provide proof and it's been well over a week plus that she says she's waiting on insurance...may or may not be the case, but I'm concerned as the burden of proof seems to be on me as the buyer vs the seller providing anything because duplexes are selling so fast, apparently regardless of issues.
In addition, found out there is mold..which she told us that the insurance company 'verbally' confirmed didn't exist. It might be expected to have to deal with post hurricane, etc. but I'm really wondering how much is normal to take on risk wise and how to determine what I can actually get my hands on that prove what happened to this property if anyone knows?
I'm also looking for a new realtor in this area for our future deals if anyone is in the area or has referrals!
Thank you!
Lisa