Property caught fire a few days prior to closing

[Richard Bull]

I was just notified that the property that I was prepared to close on three days from today caught fire. It was a cash deal also... My contractor gave me the head's up today. It looks like I may have dodged a bullet, I am not sure; I will have more details on this tomorrow. 

Question for my BP family... Is there a possibility to get reimbursed for closing costs or anything of the kind, or would I just eat all the costs and be glad that this fire did not happen while I was the owner? 

This seems to have been a fire that stated in one of the kitchens, likely by a tenant. I am not sure yet, so, let's just make this a hypothetical assumption for now. I am curious... If the fire is the fault of the tenant is the owner (and the owner's insurance) still 100% responsible for all damages (in general) and repairs because it is the owner's property? 

I am disappointed in this loss, but also a little relieved at the same time...

Does anyone else want to share a story like this one?

[Wayne Brooks]

What's wrong with "owner repairs/replaces fire damage, then you close?  If it was a deal before, it's still a deal.