Hurricane Dorian is putting real estate deals in a holding pattern as it approaches South Florida. Insurance companies hold the key to any real estate closing that involves a mortgage, so it’s no surprise that a major storm would throw a wrench in a buyer’s plans to close on a property. In recent years, insurers have moved away from using the box method – which meant that if a storm fell within a certain geographic […]
source https://therealdeal.com/miami/2019/08/30/sofla-real-estate-deals-on-hold-insurers-delay-closings-ahead-of-hurricane-dorian/#new_tab
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