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Old 11-21-2016, 09:37 AM   #460
FlamesAddiction
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I mentioned it before, but insurance is a drag. Not only do they often fight against having to pay out, but once you go through them, there will be a record of flood damage if you ever sell. Any buyer doing their due diligence will do a an insurance claim check on the property and all things being equal, most people will avoid buying a property with flood damage or a history of a catastrophic fixture failure.

I really do feel for Polak here and this is a tough pill to swallow, but I am afraid this is a no win situation. You also have to be careful fighting with people in that industry. Some of those tycoons can be pretty shady.
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