Talk of The Villages Florida - View Single Post - Return of Ernest Money
View Single Post
 
Old 01-05-2025, 11:19 AM
Bill14564 Bill14564 is online now
Sage
Join Date: Nov 2020
Location: Village of Hillsborough
Posts: 7,391
Thanks: 2,287
Thanked 7,726 Times in 3,033 Posts
Default

Quote:
Originally Posted by retiredguy123 View Post
...

The age of the roof and the insurability of the house are things that the buyer could have easily determined before signing the sales contract. I doubt that the inspection clause can be used to cancel the contract for that reason.
Age of the roof yes, but insurability?

How is a new buyer from outside the area supposed to anticipate a problem that is just now beginning to affect those who have lived here for decades?

It has never occurred to me to call insurance companies to inquire about a new policy for a home that I was only considering. I wonder how a company would react to that, would they send someone right out or would they suggest I move towards purchasing the home before asking them to spend time on it?
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.


Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough