If you are doing the work yourself and Do not have Contractors Liability coverage there could be a problem of an uncovered loss (ie. fire starts due to the painting). 

I’ve had a offer accepted on a house and upon inspection it was uncovered that there is structural damage, termites and the floors aren’t level.

Happy to provide an initial coaching call to help you uncover your purpose, goals and the strategies to get there in the most efficient way possible.  

I have always been going about it the same way for a while and curious if anyone has tested different approaches and noticed better conversion rates from one approach to another.To be more specific on a cold call for example:Option 1: you immediately bring up that you have noticed the property is in a foreclosure status at the start of the call and/or make it known you are aware of their situationOption 2: you start off as a buyer looking to buy homes in their area/making cash offers and let them uncover their own pain points through purposeful questions to lead them to uncovering their motivation/situation.I have always done option 2 and it works well but I sometimes wonder if I could have a better conversion rate with a different approach.

@Gloria C. please keep us posted on what you uncover...

Develop a basic understanding of real estate numbers so you can vet your underwriters and make sure you’re working with the right partners who have the same risk profile as you.I’ve seen underwriters self-label as “conservative” only to uncover that they were way more aggressive than I was.

Whether it's virtual or in-person, there's always new information to uncover.

Try establishing a relationship/rapport first, determine motivation, and try to find a win/win deal based off what you uncover.  

Obviously getting a thorough inspection should uncover the likelihood of some repairs and provide somewhat of an estimate of the timeline for the major ones (HVAC, roofing, etc.).

It is important to be aware of these potential large uncovered losses when making your insurance decision.