Seller claims it’s a clean title, a new title search will be done regardless.

Also claimed all the broken furniture was provided and not theirs so I got to take it all out.Occupied is a roll of the dice, a gamble you can not control.

I would assume/hope since each person is there they each get to claim 2 hours and since spouses hours are combined that would mean 4 hours to each couple towards the 500 requirement. 3.

my wife would assume the loan, and quit claim deed her mom off.

The agent has since claimed she made a mistake and sent a doc u sign for us and the seller to correct it. 

As far as the deed question - you could quit claim deed it, but you'd have no title insurance.

Either way let me know if you want a direct POC to field ops, my contacts aren't in the claims/damages depts, but they can probably get you directly to the right person vs going through customer service.

The claim that the agent makes is also a misconception/misuse of cap rate.

The catch is the capital gains tax; he pays if the selling price exceeds what he paid, plus improvements, minus claimed depreciation during renting.

It was a leak, fix it replace the sheetrock and damage other items and move on Why would you file and insurance claim for such a small issue?