@Tyler Deuel,If you can get a loan for 75% of $300 ($210k on conventional terms) and pay off $80k and give the owner $130k in cash at settlement, would the owner be willing to hold the second note on the property for $80,000?

And depending on how he deals with them (whether he tries to handle the claim himself, or hire a Public Adjuster, which I recommend), settlement amount can range drastically.Depending on the extensiveness of the damage, most of the time, Public Adjusters are looking out for the insured's best interest, since they work on a percentage of the proceeds, so they'll point things that need to be remedied to the insurance company, that the homeowner will have no clue about.

Often times "foundation issues" are just settlement cracks that aren't a big deal.

It can also helps during a settlement negotiation, as the other party will have more difficulties estimating your net worth.

You may want a different attorney for; contract review, tenant landlord issues, property settlements, a bulldog litigator, evictions, foreclosures, collections etc. i use  many different attorneys and  choose in part based on what I need to have done.

Here is an example in the NC Bar disciplinary reports of what happens in NC when an attorney is caught "falsely indicating on the HUD-l Settlement Statements he created for real estate transactions that the borrowers in the transactions brought funds to closing when in fact the funds were provided by the seller."

Hi, I broke my ankle in February and luckily the insurance company for where I fell accepted fault and I am expecting a decent settlement.

Unfortunately, the settlement wasn't the only problem with property (voids beneath slab, issues with plumbing, "interesting" repair techniques, and a whole of lot of other things that added up to a "no" for me at the price and my current experience level). 

Basically related to large tanker/shipping vessels and legal settlements.

They may still have some of the billions to spend in the big Fed settlement years ago.