The roof is covered. The bank says no.
Some lenders reject actual cash value roof coverage that Fannie Mae and Freddie Mac allow.
Read the October 16 editionCustom insurance guidance for high-net-worth households and real estate professionals.(310) 792-7885
Newsletter archive
A clearer view of insurance and real estate.
Closing Conditions is our publication for real estate agents, lenders, escrow professionals, investors, property owners, property managers, HOA leaders, builders, developers, contractors, and private lenders. It focuses on California insurance questions that can affect a closing, a property, or a portfolio.
September edition
Flood coverage may not start at closing
The loan—not the closing date—determines whether the NFIP waiting-period exception applies.
Read the September 30 editionIssue 02
The house was insured. The ground wasn't.
Why landslide damage can fall outside a standard homeowners policy.
Read Issue 02Issue 01
FAIR Plan rates rise. Your budget objects.
October 15 brings new FAIR Plan rates. Compare the full insurance package before making a move.
Read Issue 01Have a property under contract?
You do not need to wait for the next issue. Share the property details, your closing date, and any lender requirements through our closing review form. After submitting, you can schedule an appointment.
Start a Closing ReviewNewsletter content is general information, not a coverage determination or legal advice. Coverage depends on the policy terms, exclusions, and underwriting. Information may change after an issue is published.
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