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Updated over 5 years ago,

User Stats

130
Posts
12
Votes
Tony Gatto
  • Property Manager
  • Myrtle Beach, SC
12
Votes |
130
Posts

Hurricane coming during closing

Tony Gatto
  • Property Manager
  • Myrtle Beach, SC
Posted

Hey so we are in the end of a closing and a hurricane hits Bahamas.... and the lender decided they should bind insurance one day before closing.... of course insurers are not gong to bind

Any suggestions... i should have seen this coming as the lender and the lawyer is not very savvy with real estate.  I am the seller side

So does anyone know of a way to get that done now or during a closing ... and or a way to get the insurance we have on the home to pass to a buyer

I would think insurers would make a provision for closings 

regards

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