Unless there is an emergency situation, take a lot of photos and call your insurance agent before doing any repairs.

I had a similar situation a few years ago, but it was a move across town. 

Hi Eli, This is a creative and potentially win-win strategy that could work well in the right situation.

Or stay depending on your situation. 

My cousin that I have been trying to get on BP has an interesting situation.

Im literally closing a loan on Monday where my borrower had a similar situation - the borrower's ex-wife was awarded the property and assigned the debt in the divorce in 2020.

Do you need to empathize with the seller and their situation?

Premiums in Iowa, Minnesota, Montana, Utah, and Washington jumped by more than 20 percent.The insurance situation is especially serious in California and Florida.In 2023, around 7 percent of realtors saw deals fall through due to insurance issues, with the share jumping to 13 percent last year as of October, according the California Association of Realtors.

I’ve seen situations like this before..one old friend of mine in Austin had a few industrial buildings where the cash flow was decent but not dazzling, and he was itching for a way to ramp things up.

Quote from @Vince Scipione: Standard would be an FHA loan for your situation more than likely.