Daughter’s house purchase problem

[dbias]

My daughter is in the process of buying a house and has encountered insurance issues due to a past claim by the seller.
Seller disclosed there was water damage due to roof back in 2022 but her house inspector checked it out and found nothing to worry about as it was completely repaired.
She requested more information from the insurance company and they sent her this.

It indicates damage by an aircraft and subsequent water damage. This shows an almost 50k damage claim in 2022. The sellers have no idea what the aircraft damage means and did disclose water damage in the listing that has been repaired. Does anyone have any idea what this could mean. She has been turned away by three different insurance companies and of course will have to look elsewhere but really likes this house.

 

[spasm3]

Hard to get insured, and if you buy it , nothing to stop an insurer from jacking the rate through the roof. I'd walk fast from this.

 

[HemiBenny]

^^^^^
I agree with @spasm3

Almost 50k paid out?! Damage from Aircraft? It would be interesting to hear the story from the insurance company that paid this claim.

She already has insurance companies denying her, which would have me second guessing this purchase. Sometimes, the universe is trying to tell you something.

 

[Pablo]

Is it near an airport?

I would check the news for any reports back in 2022

 

[TomYoung]

I am going to go out on a limb here, but hear me out. I think that you might consider, I know this will sound crazy but, running this situation by a real estate attorney.

 

[Hall]

It indicates damage by an aircraft and subsequent water damage. This shows an almost 50k damage claim in 2022. The sellers have no idea what the aircraft damage means

The seller needs to go back to their insurance company and get the record fixed. Every potential buyer is likely to run into this, meaning the seller can't sell their home.

 

[Pablo]

The seller needs to go back to their insurance company and get the record fixed. Every potential buyer is likely to run into this, meaning the seller can't sell their home.

Bingo! And if they resist = possible lying in my book

 

[TomYoung]

The seller needs to go back to their insurance company and get the record fixed. Every potential buyer is likely to run into this, meaning the seller can't sell their home.

Absolutely, the onus is on the seller. But the buyer needs a guarantee, or an assessment of how likely this is to be a future problem, which is where an attorney comes in. There is no relying on the seller's fix to be permanent, and limited recourse after the fact.

 

[Hall]

There is no relying on the seller's fix to be permanent, and limited recourse after the fact.

The seller disclosed it and the inspector, for what that's worth, sees no issues. I presume the insurance company that paid for the repairs signed off on them too. That's the end of that.... A buyer can't cling on to this forever.

 

[HemiBenny]

The seller needs to go back to their insurance company and get the record fixed. Every potential buyer is likely to run into this, meaning the seller can't sell their home.

Bingo! And if they resist = possible lying in my book

You would think the seller would have all of this info and would have corrected it. Almost 50k is a big payout from insurance for roof and water damage. That tells me that it was significant, whatever it was.
I agree, now it's up to the seller to have this corrected or admit that there was more than water damage.

 

[Cropduster172]

Home inspectors are the mall cops of the real estate industry. Their findings are meaningless to insurance companies. Home inspection is an occupation that requires almost zero startup investment....a laptop, a vehicle and a ladder, along with a state issued license which can be had for filling out a form and paying the fee. It's an industry that's ripe for incompetence, failed contractors, drunks and fly-by-nights. Of course insurance companies disregard their findings .
A reputable roofing contractor, perhaps the one that did the repairs would be the better choice to confirm the integrity of the roof.

 

[The Critic]

You would think the seller would have all of this info and would have corrected it. Almost 50k is a big payout from insurance for roof and water damage. That tells me that it was significant, whatever it was.
I agree, now it's up to the seller to have this corrected or admit that there was more than water damage.

$50K is a pretty small claim for water damage. I think the aircraft damage has peoples' attention.

 

[dbias]

$50K is a pretty small claim for water damage. I think the aircraft damage has peoples' attention.

Exactly. I’m a retired fire fighter and I’ve seen houses with way more than 50k in damage be repaired and back up and running, and even sold later lol.

Google says no aircraft problem in the area in the recent past.
First thing I thought of was it “blue ice” dropping from a plane but in that small town area I’m sure it would have been in the news/media.

Anyways my daughter and SIL are waiting till Monday and having their realtor look into it.
They don’t have to move right now but they are both CRNA nurses and are trying to split the difference in travel between their jobs.

 

[skyactiv]

I would try to obtain a police report for the address.

 

[dbias]

Is it near an airport?

I would check the news for any reports back in 2022

This house is halfway between Huntington TriState and Charleston Yeager airport, roughly 25 miles to either one and a small personal aircraft field at Ona WV is 11 miles.

 

[walterjay]

Home inspectors are the mall cops of the real estate industry. Their findings are meaningless to insurance companies. Home inspection is an occupation that requires almost zero startup investment....a laptop, a vehicle and a ladder, along with a state issued license which can be had for filling out a form and paying the fee. It's an industry that's ripe for incompetence, failed contractors, drunks and fly-by-nights. Of course insurance companies disregard their findings .
A reputable roofing contractor, perhaps the one that did the repairs would be the better choice to confirm the integrity of the roof.

I have worked for 40 years with real estate matters. I have seen some really loser inspectors out there. And I mean really stupid inspectors.

 

[Wireman1987]

This house is halfway between Huntington TriState and Charleston Yeager airport, roughly 25 miles to either one and a small personal aircraft field at Ona WV is 11 miles.

Wonder if the small personal aircraft airport is close by is a red flag or bothering the insurers. It has been on the news many small personal aircraft’s crashing.

 

[Arc]

This house is halfway between Huntington TriState and Charleston Yeager airport, roughly 25 miles to either one and a small personal aircraft field at Ona WV is 11 miles.

The denied coverage has nothing to do with past claims. A repaired roof is less risk than an old roof etc. It has something to do with the age of the home or the neighborhood or even some other off the wall excuse. Our area had mass cancelations a few years back and everyone was told to replace their shingles, metal roof or else even though some were new. It was nothing more than a major insurance company wanting to withdraw from the area.

 

[Pablo]

Wonder if the small personal aircraft airport is close by is a red flag or bothering the insurers. It has been on the news many small personal aircraft’s crashing.

We live across the road from such a tiny airport- 11 miles? No

 

[BMWTurboDzl]

My daughter is in the process of buying a house and has encountered insurance issues due to a past claim by the seller.
Seller disclosed there was water damage due to roof back in 2022 but her house inspector checked it out and found nothing to worry about as it was completely repaired.
She requested more information from the insurance company and they sent her this. View attachment 296714

It indicates damage by an aircraft and subsequent water damage. This shows an almost 50k damage claim in 2022. The sellers have no idea what the aircraft damage means and did disclose water damage in the listing that has been repaired. Does anyone have any idea what this could mean. She has been turned away by three different insurance companies and of course will have to look elsewhere but really likes this house.

Possibly a reporting error by the insurance company. The seller's wouldn't necessarily be aware of this but they should be aware of it because it's going to impact any potential buyer. Time to get the agent involved and have them figure it out.