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Updated about 9 years ago on . Most recent reply

Sandra N.'s profile image
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Sandra N.
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Sandra N.'s profile image
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Sandra N.
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Sandra N.
  • Investor
  • Dallas, TX
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Insurance

Seller's roof damaged before closing

Sandra N.
  • Investor
  • Dallas, TX
Posted

We are scheduled to close on house in less than 2 weeks. There was storm last night and the roof is leaking. Would filing a claim after we close be more advantageous than getting a discounted price?

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    Wayne Brooks
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    Wayne Brooks
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    Wayne Brooks#1 Foreclosures Contributor
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    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
    Replied

    You are not entitled to a claim, you didn't own it, and have it insured, when it was damaged.  Have the current owner file a claim, and have the proceeds assigned to you.  If the seller is not insured, get your discount.

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