From what I can tell the house needs a new roof, HVAC, has evidence of water damage from a hole in the roof (collapsed ceiling and water damage to subfloor), kitchen would be gutted, and windows replaced.

I believe there are large enough windows that qualify.

I think the carriers that have something that will address serious settling issues refer to the coverage as catastrophic event coverage.Are you seeing actual signs of settlement such as cracks around door and window frames, offset concrete block at a foundation etc, or are you just wanting the coverage for peace of mind?

The property needs slot of work from new kitchen and bath to new windows, etc.

In addition I am looking for window replacement and don’t want to pay the overpriced retail firms.

If the report provided by the state says it’s in the trim, doors, windows, walls, etc, then definitely expect upwards of a $60k project.

There’s a 2bd/1ba home for $88,000 in south Texas for sale, but it doesn’t have central A/C but it is FULLY remodeled new flooring windows paint & appliances .

There’s a 2bd/1ba home for $88,000 in south Texas for sale, but it doesn’t have central A/C but it is FULLY remodeled new flooring windows paint & appliances .

Some areas you just have  to have no peeling chipping paint (interior or exterior), no painted friction surfaces(stairs windows). 

I also replaced windows and carpet.