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Updated over 5 years ago on . Most recent reply

Jeff Plotkin's profile image
Jeff Plotkin's profile image
Jeff Plotkin
  • Rental Property Investor
  • from New York City, NY
  • Member since Jul 8, 2018
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Jeff Plotkin's profile image
Jeff Plotkin's profile image
Jeff Plotkin
  • Rental Property Investor
  • from New York City, NY
  • Member since Jul 8, 2018
Connect
Jeff Plotkin
  • Rental Property Investor
  • New York City, NY
11
Votes |
41
Posts
Insurance

Trouble getting insurance prior to close

Jeff Plotkin
  • Rental Property Investor
  • New York City, NY
Posted

I am in the middle of closing my first ever deal on a SFR. I am using a fixed-rate, 30 year conventional mortgage that requires me to get homeowners insurance. My insurance agent, however, says I cannot get insurance until I repair everything that was an issue on the inspection. Is this a typical scenario? How is it possible to get insurance prior to making the needed repairs?

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