Tree falls on a house - would you buy?

[Bryan H.]

So a house I'm looking at for fix/flip just had a tree fall on it during a big storm. I talked to the wholesaler and he said the insurance company wont pay for repairs. They probably didnt have insurance, but whatever.

I'm ok making the repairs and removing the tree so long as the purchase price is adjusted accordingly. Anything I need to consider with this situation?

[J Scott]

Consider that if the house isn't secured and made weather-tight ASAP, the condition will continue to deteriorate while you're waiting to buy the house...so factor in the extra cost associated with that.

Also, if the tree that fell was a dead tree (or had termites), consider that other trees in the area might be in the same condition and you'll want to clear those out before they cause more damage.