wonder how many pending sales get cancelled after a real storm?

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Rainmaker
921,504

Annette Lawrence , Palm Harbor, FL 727-420-4041

ReMax Realtec Group - Palm Harbor, FL

Making FLORIDA Real Estate EZ

In Florida ALL FINANCED TRANSACTIONS are suspended if a Tropical Storm is declared for the area BECAUSE the insurance companies will not write new policies until they see....'what's left after the storm.'

We have experienced 13 inches of rain the last three days and I am certain that home buyers from Ohio are having serious second thoughts as FLORIDA old timers ride a kayak down the street.

Aug 04, 2015 12:20 AM

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Rainmaker
4,584,246

Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

Jack - I've seen a pending sale get cancelled due to a stormburst between a husband and wife.

Aug 04, 2015 12:16 AM

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Rainmaker
1,664,836

John McCormack, CRS

Albuquerque Homes Realty - Albuquerque, NM

Honesty, Integrity, Results, Experienced. HIRE Me!

Thankful we don't have that type of problem. Average is 335 days of sunshine.

Aug 03, 2015 10:58 PM

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John McCormack, CRS

Albuquerque, NM

Rainmaker
316,098

Robert Smith

Preview Properties, PC - http://www.RealEstateMich.com - Brighton, MI

SRES, Search for Homes Brighton-Howell-SE Michigan

Had one released a few years back. BIG storm took down an old oak in the front yard and it fell on the house. Delays with insurance claim and repairs killed it. It did sell later, after repairs, though.

Aug 03, 2015 09:55 PM

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Debbie Gartner

White Plains, NY

Rainmaker
784,786

The Woodland Team of Texas

The Woodland Companies - Austin, TX

Land Specialists

Depends on the severity of the storm.

Oct 18, 2018 02:25 AM

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Ambassador
6,425,063

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Not something I have had to deal with so far.

Apr 08, 2018 11:35 PM

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Rainmaker
1,466,257

Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

Jack Lewitz No issues yet!

Aug 03, 2015 11:42 PM

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Rainmaker
2,487,272

Captain Wayne - Rowlett Real Estate School

Rowlett Real Estate School - Panama City, FL

Rowlett Real Estate School / Owner and Instructor

I've had some setbacks but no cancellations.

Aug 03, 2015 10:57 PM

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Rainmaker
1,390,113

Wayne Zuhl

Remax First Realty II - Cranford, NJ

The Last Name You'll Ever Need in Real Estate

In the few weeks after Hurricane Sandy hit New Jersey, real estate came to a complete stop. Many deals were cancelled because homes that had never flooded were under 5-6 feet of water. Real estate took a long time to recover.

Aug 03, 2015 10:52 PM

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Rainmaker
3,416,038

Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

I had a storm called vandals, did $150000 damage to a 5 family bank listing. They pulled up on a Friday night and stripped the house for the weekend. Neighbor saw it and said not his problem. The following weekend they cleaned out his garage for him. Then it was his problem but the house had to be demolished as the repairs were more than it was worth.

Aug 03, 2015 10:24 PM

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Rainmaker
2,817,727

Debbie Gartner

The Flooring Girl - White Plains, NY

The Flooring Girl & Blog Stylist -Dynamo Marketers

After Hurricane Sandy, there were many delays. Many houses needed to be reinspected. Many places were without power for 1 week (so even just paperwork got delayed and streets were not really cleared for around 3 days and gas lines were 2-4 hrs). So many offices and schools closed for the week.

Some places (obviously) needed repair and there were delays. And, I know of some that were so bad that deals got canceled as it may have taken a year or more to do repairs.

Aug 03, 2015 10:18 PM

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Rainmaker
2,379,876

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

no stories thank heavens but a good question - I saw some of the videos from near you - scary

Aug 03, 2015 09:47 PM

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In Florida ALL FINANCED TRANSACTIONS are suspended if a Tropical Storm is declared for the area BECAUSE the insurance companies will not write new policies until they see....'what's left after the storm.'

We have experienced 13 inches of rain the last three days and I am certain that home buyers from Ohio are having serious second thoughts as FLORIDA old timers ride a kayak down the street.
Jack - I've seen a pending sale get cancelled due to a stormburst between a husband and wife.
Thankful we don't have that type of problem. Average is 335 days of sunshine.
Had one released a few years back. BIG storm took down an old oak in the front yard and it fell on the house. Delays with insurance claim and repairs killed it. It did sell later, after repairs, though.
In the few weeks after Hurricane Sandy hit New Jersey, real estate came to a complete stop. Many deals were cancelled because homes that had never flooded were under 5-6 feet of water. Real estate took a long time to recover.
I had a storm called vandals, did $150000 damage to a 5 family bank listing. They pulled up on a Friday night and stripped the house for the weekend. Neighbor saw it and said not his problem. The following weekend they cleaned out his garage for him. Then it was his problem but the house had to be demolished as the repairs were more than it was worth.
After Hurricane Sandy, there were many delays. Many houses needed to be reinspected. Many places were without power for 1 week (so even just paperwork got delayed and streets were not really cleared for around 3 days and gas lines were 2-4 hrs). So many offices and schools closed for the week.

Some places (obviously) needed repair and there were delays. And, I know of some that were so bad that deals got canceled as it may have taken a year or more to do repairs.
no stories thank heavens but a good question - I saw some of the videos from near you - scary