Hurricanes And Houses… How Can Buyers And Homeowners Be Affected?

We are in the midst of hurricane season, and tropical storm, Laura, has been on all of our radars. So how exactly can hurricanes and tropical storms affect real estate?

**If you are financing your home, this could cause delays to your closing date, because homeowners insurance will be required. 

**If you are a homeowner and a hurricane watch has been declared, you cannot just call and receive additional insurance coverage. You will have to wait until the insurance company has continued to bind policies, which will most likely be after the storm.