Searching for a deal

[Cedrick Givens]

Whenever I speak to an insurance agent about a property I’m interested in, they’re unable to give a quote without it being livable. I even had agents ask for proof of a lease first …How am I supposed to accurately analyze? 

[Jaron Walling]

@Cedrick Givens If you're a buyer I'm not sure why an insurance company wouldn't quote the property. That's there job. Call around and find another insurance provider. Every quote I've received was based on location, age, and specs of the house. The rates for an unoccupied property will be higher until you or a tenant moves in. 

Is this question stemming from a funding issue like an FHA loan? If you're looking at distressed properties an FHA loan can stop you dead in your tracks. They come with more requirements and strict livable conditions to be approved. Don't forget PMI for the life of the loan.