Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Insurance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

14
Posts
19
Votes
Paul Han
19
Votes |
14
Posts

can't get the insurance to close

Paul Han
Posted

**repost because I may have asked this in the wrong forum category**

I have two properties under contract sight unseen. After inspection was done out there we found some things that require repair, to the order of $5k so not that much. The insurance companies are requiring me to fix these issues in order to provide a policy that my lender requires to close.  But since we haven't closed yet I obviously dont own these properties.  Are there work arounds to get some sort of insurance policy that lender's will accept but allow me to repair after I close? thanks in advance!

  • Paul Han
  • Loading replies...