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Updated 6 months ago on . Most recent reply

User Stats

195
Posts
32
Votes
Tim Silvers
  • Las Vegas, NV
32
Votes |
195
Posts

Buyer's agent requested CLUE report for flip property

Tim Silvers
  • Las Vegas, NV
Posted

Buyer's agent has requested a CLUE report as part of the request for repairs on a flip property under contract.

I've asked my insurance agent to pull one, but he suggested to contact LexisNexis directly. That will take a couple weeks and delay the close.

Should I find another agent to pull one for me quicker?

Also, how would I order the report for just this property when LexisNexis is asking for personal information for a Consumer Disclosure Report on the order request form? This does not apply to my flip property which would not come up under my personal history since it is titled in an entity name, not me personally.

Suggestions? 

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