Insurance Question For Financing

[Paul Pratt]

Hey All,

I currently have a client (buyer) under contract on a fixer upper. She is using financing, and we have a few issues. Insurance won't let us bind until they are remediated and the seller is not willing to help. Does anyone know any companies that will insure conditionally, based are her remediating the issues after close? Currently both agents I spoke with said they can't. So I am open to any and all suggestions. 

Thanks

[Shawn McCormick]

@Paul Pratt reach out to Colleen Pacheco with Secured Insurance in Orlando, let her know I sent you. The initial premium is likely going to be higher, but she has some carriers that will allow this, depending on what the remediation is, especially if they are buying it as an investment and not a primary. Maybe vacant dwelling insurance would be the way to go.