Buying & Selling Real Estate Discussion

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Insurance canceling after 4-point was updated post closing

Posted Jan 25 2022, 07:44

I purchased a duplex with FHA and had a clean 4-point inspection. I went through closing with no problems. After closing, the insurance provider requested that the inspector updated the 4-point to include the secondary roof that was not previously included (It was included in the full inspection report). It came back as satisfactory with 3-8 years remaining, but the insurance provider is canceling the policy unless the secondary roof is replaced.

My hand is forced here, right? I have to have the roof replaced?

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