Talk of The Villages Florida - View Single Post - How can an older home be sold, if one cannot obtain insurance?
View Single Post
 
Old 08-06-2024, 02:12 PM
Snakster66's Avatar
Snakster66 Snakster66 is offline
Senior Member
Join Date: Jan 2024
Location: Winifred
Posts: 355
Thanks: 114
Thanked 316 Times in 134 Posts
Default

Quote:
Originally Posted by Dusty_Star View Post
Whether or not a house purchaser buys insurance, is of no concern to the seller. Just like everything else a purchaser may or may not do once they are the new homeowners. So the answer to your question is: Easy.

Look at it another way, let's say you purchase a house & want to sell it in a few years. Is the purchasing of insurance by the buyer of any concern of yours? The purchaser might decide to self-insure. The only way it might become a concern is if deals fall through because people can not find insurance. But that probably just means the house will be on the market for longer.
Then it's not so easy is it? Sellers can't sell if buyers can't buy.

That said, I don't think it's so dire, so it is a moot point (original question). May be a little tougher to get insurance, but not impossible.