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Updated over 3 years ago on . Most recent reply

User Stats

79
Posts
24
Votes
Sam M.
  • Investor
  • Diamond Bar, CA
24
Votes |
79
Posts

Pending insurance claim

Sam M.
  • Investor
  • Diamond Bar, CA
Posted

Dear bigger pockets. Has anyone had a deal for a single-family home that was burned and was pending the insurance claim? The owner wants to retire and get out but he has been waiting for the payout from insurance for a year. Can a new owner assume the property and assume the insurance claim?

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