Julie Doke
Title Insurance requiring survey
Our company is a LLC the lender wants a commercial endorsement (Is there a way around this??) so the title company is requiring a survey (is this required by law? )We have waited two months for a closing (tomorrow) a...
Anthony Vargas
Flippers Insurance? Any suggestions?
Trying to find reputable insurance company for fix and flipping? Having a little trouble searching on line and intrested if anyone had a referral? The property is in Sacramento. Thanks!
Shital Thakkar
Property damage before closing
Hi,
I am in the process of closing one single family property and during short sell process (3 month) Roof of the Property damaged because of the storm. Who need to repair that damage..? bank or short sell person, ho...
Luis Arellano
How to save this deal?
I'm in the middle of buying a beautiful property, but during the inspection we found area in the house with knob and tube wiring.
The seller got a quote from an electrician for 10k and we agree on splitting the cost...
Alonzo Moreland
Searching for insurance for new rental property
Hi everyone,Does anyone have recommendations for a reliable and reasonably priced insurance company. I'm closing on a three unit rental property in the western part of Maryland, in about a month and looking for insura...
Cameron Moore
Insurance Coverage Basics
First, there are 2 types of Valuations in insurance; RCV (replacement cost value) and ACV (actual cash value). RCV is almost guaranteed to replace your home back at the standard it was before it had a major loss. ACV ...
Benjamin Jones
Insurance Requirement and Type of Insurance
When purchasing a property (as an LLC), since it may not be occupied for 3 - 6 months or so to rehab, what type of ins. is required? Do you ins. it for the existing value or after repair value? An agent advised that...
Beatriz Negrin
HUD Home under contract but title issues
We put a contract on a HUD owned home. We were suppose to close this coming Friday . Thursday I get an email from atty saying there is a problem with title. It was a deed in lieu of foreclosure signed by 7 heirs becau...
Zach Adams
Generating First Lease Agreement
Hi all, I am currently trying to get my first lease agreement made for my property. I was wondering if I can use a lease from a current landlord in another county in Minnesota? I would like to do this as an investor I...
Greg Tunes
Insurance for a vacant property
I just received a property via quit claim deed from a family member. However, the property is gutted to the studs. I haven’t started any renovations, but I want to know can I get insurance on a vacant property with no...