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Sep 13, 2019
1:40
:11
pm
Iman23
All-American
But the value to the new buyer is most likely the dirt. So the value to the
buyer hasn't really changed (most likely).
Insurer doesn't know it's under contract to sell. Does that matter?
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Iman23
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Iman23
Joined
Jan 18, 2008
Last login
May 3, 2024
Total posts
42,597 (2,721 FO)
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Messages
Author
Time
Fire at a rental property. What am I entitled to from insurance company?
Iman23
9/13/19 1:34pm
1. get a copy of your homeowners landlord policy. 2. read it
jwf
9/13/19 1:35pm
Do you have a loan on the property? Most homeowners carriers include
jwf
9/18/19 4:38pm
It is pretty straightforward. They will look at the coverage on the house and
Baron
9/13/19 1:36pm
But the value to the new buyer is most likely the dirt. So the value to the
Iman23
9/13/19 1:40pm
What did you insure the dirt or the home? The home. You have insurance to cover
Baron
9/13/19 1:43pm
So, you don't think I need to disclose the sale? It's damage to more than
Iman23
9/13/19 1:52pm
I am not saying that you can avoid the disclose of the sell or that you should.
Baron
9/13/19 1:57pm
The contract mentions something about condemnation
Iman23
9/13/19 3:52pm
I'd worry about this getting hung up for insurance fraud
SD_UTE
9/13/19 1:40pm
reminds me of a BYU story.
v1k0u6
9/13/19 1:45pm
here is the news article
v1k0u6
9/13/19 1:47pm
Hopefully your coverage is enough. A lot of people haven’t raised there
Cobra Venom
9/13/19 3:55pm
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