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All Forum Posts by: Erin E Adams

Erin E Adams has started 2 posts and replied 4 times.

Post: Can my contractor live in the property while he flips it??

Erin E AdamsPosted
  • Residential Real Estate Broker
  • Cos Cob, CT
  • Posts 4
  • Votes 0

Thanks Gerald.  I appreciate the response, even if it is bad news.  

What if my contractor lived in his RV that was just parked in my driveway??

Post: Can my contractor live in the property while he flips it??

Erin E AdamsPosted
  • Residential Real Estate Broker
  • Cos Cob, CT
  • Posts 4
  • Votes 0

Hi. I have a contractor that I really like, but he lives an hour and forty five minutes away from my newest project. I still want him to do it, so he proposed having him and his 2 guys stay at the house 3 nights a week for the next 5 weeks while they flip the house. Last night, I was told that my normal builder's risk insurance policy that I keep on my flips would be voided if anyone was living in the house while the construction was going on. I was also told that a renters policy wouldn't cover this type of situation. Does anyone know if this situation is insurable, and if so, how? Any help would be much appreciated!

Post: Can my contractor live in the property while he flips it??

Erin E AdamsPosted
  • Residential Real Estate Broker
  • Cos Cob, CT
  • Posts 4
  • Votes 0

Hi.  I have a contractor that I really like, but he lives an hour and forty five minutes away from my newest project.  I still want him to do it, so he proposed having him and his 2 guys stay at the house 3 nights a week for the next 5 weeks while they flip the house.  Last night, I was told that my normal builder's risk insurance policy that I keep on my flips would be voided if anyone was living in the house while the construction was going on.  I was also told that a renters policy wouldn't cover this type of situation.  Does anyone know if this situation is insurable, and if so, how?  Any help would be much appreciated!

Post: The Lending Hall Inc. Commercial Finance Group

Erin E AdamsPosted
  • Residential Real Estate Broker
  • Cos Cob, CT
  • Posts 4
  • Votes 0

got this one - email shown.  Definitely a scam.