Solutions to selling uninsurable home

Augusta

VIP Contributor
There come a time, you might be faced as real estate agent with properties that can’t be insured. this might be due to the fact that a house is at high risk and can’t get any insurance. This might be a great drawback for quickly closing a deal.

With this kind of problem insurance can be denied because of the house’s condition. What are the right steps to take to get this resolved

The first thing is to communicate with the buyers and let them know the situation on ground

Now that the house can't be insured by FHA, it is to approach private insurance agencies though premium will be higher.
 
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