Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




How To Advertise Here

More Good Ideas!
Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#279284 - 03/04/09 10:18 AM Home Insurance On Damaged Home
inspectordave Offline
Member

Registered: 01/24/09
Posts: 10
Loc: Minnesota, USA
If someone buys a storm damaged foreclosed home and the damaged was not repaired by the previous owner will the new owners insurance company insure the home with those existing damages?

Top
#279287 - 03/04/09 10:23 AM Re: Home Insurance On Damaged Home [Re: inspectordave]
DennisVolz Offline
Member

Registered: 05/07/08
Posts: 20
Loc: San Diego, CA
Depends.... Depends on the scope of the damage. Usually if it's minor, the insurance company will insure, make note and ask that it be repaired asap. If the damage is substantial, most insurance companys will pass.

Suggest you get a local agent involved EARLY in the process to allow them time to inspect and work w/ the company underwriters to come to a decision.
_________________________
Dennis Volz
SF Insurance Agent since 1978
Email: Dennis@DennisVolzInsurance.com
Website: Dennis Volz Insurance
Blog: The San Diego Insurance Blog

Top
#396186 - 12/05/11 05:39 AM Re: Home Insurance On Damaged Home [Re: inspectordave]
Hamlin1234 Offline
Junior Member

Registered: 12/04/11
Posts: 5
Loc: Usa
Hi Hamlin here,How can i insurance of my damaged house..?anyone suggest me please

Top
#398476 - 01/10/12 03:28 AM Re: Home Insurance On Damaged Home [Re: inspectordave]
Jessica123 Offline
Member

Registered: 12/19/11
Posts: 45
Loc: Glastonbury, CT 06033
Hi,
I think, it all depends on the conditions they have put in the insurance policy. Ask the old home owner first, if he/she is having any such cover in the policy or not.

Top
#401016 - Yesterday at 10:02 PM Re: Home Insurance On Damaged Home [Re: inspectordave]
Bay Area Brian Offline
Member

Registered: 06/09/07
Posts: 430
Go to the nearest real estate investors group. The average agent
is not familiar with companies and the policies available for this type of property. Many investors rehab properties in as bad of condition as this one probably is and get insurance, of course no one will be living there until it is fixed and then you get an appropriate new policy the average agent knows about.

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Idea!
REO and Short Sale Listings
Sponsors

Newest Members
aanp, AllWriteyThen, jkindlesparker, home_boy, LouisVille
20751 Registered Users
Who's Online
13 registered (copenwbpos, barb43, crenshaw, ibsellin, Dodger52, DesertAgent, 2 invisible), 146 Guests and 2 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
DueDiligence 92
Vermont 89
HomeTeamGA 51
pro 40
smg 40
pikes peak 39
shana 39
75Corvette 37
Brad - W4BJM 35
Kjmendy 34
Doin' bpose 33
Artiste 33
realyte 31
VABroker 30
Rezo 29
(Views)Popular Topics
No new orders today 3939445
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2017026
Stupid MLS comments. 839064
EML 457988
Evalonline 299343
Land America 284999
Mainstreet 261423
What do you know about Froy Candelario, top agent in USA 248165
Pay it Forward - BPO/REO Tips & Tricks I & II 223305
New HUD Listing Brokers---Any Update? 222524
Is there religious content in Buffini class? 197152
Stupid QC comments and BPO requirements. 187082
FARVV 177240
REOTRANS 150945
USRES / RES.NET 147574
AVM Bpos 139412
asset val seminar in colorado 134326
FARVV 126751
Let's talk about our cars 120149
PAS 118318
Featured Member
Registered: 02/19/10
Posts: 125

How To Advertise Here


This site presented by RNC Internet Services