I am looking to purchase a large home in my small community. Most insurance companies are wanting to insure it at a minimum of 80% of the rebuild cost. The home is only worth 150k once fixed up but would cost close to...
A friend of mine sold a property in Memphis a few months back offering seller financing. The buyer never placed him on the insurance policy as "mortgagee". He has tried to get the buyer to do so, to no avail. All s...
Hello BP Community!My husband and I are currently in negotiations for our second property. We knew that we would have to replace the roof once we acquired the property. However, what we didn't anticipate is not being ...
For anyone out there doing subject-to deals in Austin, are you doing closings at a title company, your lawyer, seller kitchen table or some other option?
In contract on a property that will need a bit of work. The price is low enough that I should have room to do at least a decent BRRRR (maybe not a perfect BRRRR). However, I was just informed that home insurance compa...
Hi, I had a landlord insurance policy with State Farm insurance for my rental property. I file one claim with State Farm for storm damage to my roof and now State Farm will no longer insure the property. Can anyone...
I was told yesterday by my trusty title company that they will no longer close on properties that do not have title insurance. I bought a property two weeks ago and bought a policy. This week I sold the property and...
Hello. This company, National Real Estate Insurance Group, offer coverage at competitive rates. I have been trying to find someone who has used them and has made a claim with them. I would feel a lot more comfortab...
Met with a Realtor and Title Co. while vacationing in FL. Was told that if I was to get a QCD on a property and then try to get title insurance on it later, I wouldn't be able to from the particular title company I me...
Hi gang,I'm excited to be here and to get wisdom from all of you. My wife and I are buying are first home in LA. We're "cash buyers" but behind the scenes, my parents are loaning us about 70% of the price.As part of t...