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Updated about 10 years ago on . Most recent reply

User Stats

208
Posts
32
Votes
Natasha M.
  • Investor
  • Maryland
32
Votes |
208
Posts

Homeowner Insurance Claim

Natasha M.
  • Investor
  • Maryland
Posted

Hi Everyone, I have a FSBO here in Maryland who has an insurance claim pending on his house due to renter damaging the property.

If he sells the house before he gets the money from the insurance company, will he still get the insurance money? or will/can the insurance company decline his claim even if there's a clause in my Sales Agreement stating I will not take any claim to the insurance.

*NOTE* I want to be sure he is able to collect before I finalize the sales agreement. Or I'll tell him it's better for him to wait it out.

Please help

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