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6 April 2020 | 4 replies
If they only offer Basic coverage, be aware water and theft claims are excluded, and some may exclude Vandelism.3) Loss of Rents equal to 12 months of incomeThis is not a complete list, but are generally the most impactful at the time of a claim.Lastly, most investors don't take Personal Property or Water Sewer Back up.
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6 April 2020 | 3 replies
Then your policy will be set up correctly.Some will say just to insure it as a Vacant Building, but many Vacant Building policies exclude coverage for rehabs.There are several programs out int he market place that are built for flipping.
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28 September 2020 | 113 replies
What's the best way to pull equity excluding an umbrella (expensive) or individual HELOCs (PITA + callable).
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16 April 2020 | 24 replies
In the second, the insurer is not advising the insured as to the status of title, only that if there is a defect in title, not otherwise excepted or excluded from coverage, the insured can recover their actual loss, again as defined under the policy from the insurer.The first insuring provision of the standard 2006 ALTA Owner's Policy is indemnification against loss or damage related to title to the estate or interest described in Schedule A being vested other than as stated therein.
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12 April 2020 | 7 replies
So are they excluded also orrr .. lol crazy times we are living in
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13 April 2020 | 12 replies
I declined to exclude pet fee for any pets if there is no ESA letter at the time of signing the agreement.
13 April 2020 | 0 replies
Hello,I am doing a project for school and was wondering what is the typical construction costs per sqft for a low rise apartment(3 stories) building in the Philadelphia Suburbs excluding land costs.
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13 April 2020 | 1 reply
Although this term is not excluded in the policy, there are many more hurdles to overcome within your specific policy language.This is obviously going to be litigated over the next few years and who knows what that will bring, but if you do not report it in a timely manner to your agent or your insurance company, your outcome is certain - no coverage.
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15 April 2020 | 9 replies
Many local rent control ordinances define rent to include or exclude certain charges, such as utilities paid to the landlord, parking, housing services etc.
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17 April 2020 | 28 replies
What does the stay at home order exclude?