Property Claims Process Not Easy

When you have an insured loss over a certain amount, the insurer will write the check to both you and the lender.  Now comes the hard part, getting the money out of the lender.  I recently had to go through Bank of America’s property claims process, it was full of mistakes and frustrations. Basically here [...]

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Lender not helpful when disaster strikes

One of my rental properties had a major fire.   The insurance only paid so much and at first I was unsure whether the cost of repairs could be covered.   I called my lender and explained that I was having trouble finding bids that would come in under the insurance amount. I asked what help they [...]

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