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Q: Can you recover a down payment on roof if contractor does not do the work?
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Do the proceeds of home fire insurance have to be used to rebuild the home?

No, they dont. However, to recover the depreciated amount of certain items like the roof and the paint and carpet, you have to replace them. If you hit the policy limit that depreciation may not matter. There are other factors which might complement the situation. The best thing to do is to engage a Public Adjuster, they only charge 10 - 15% and the average settlement is 42% higher!


Your insurance will not renew because you need to replace the roof the bank will not provide you with a loan to repair it if you do not have insurance what do you do?

The only option you have is to pay for the roof repair yourself, unless the roof damage was caused by a peril covered by your current policy. Another option might be to speak with a senior underwriter from the bank, they may be willing to make an exception if they can make the check out to the roof repair company directly. Good luck!


What is an inspection fee at closing?

When purchasing a home, it is customary to have an independent inspector go over the property for defects, such as bad wiring, inoperative plumbing. leaky roof, etc. The payment for the services of the inspector are usually included in the closing fees and listed as a separate item. A thorough inspection by a competent inspector can save a buyer a lot of money in the future by alerting them to problems in the house and grounds.


need money for home repairs?

kitchen repairs roof repairs


How do you use 'by means of' in a sentence?

by means of= i climb the roof of the building by means of ladder.

Related questions

How much does it cost to replace a shingled roof with a contractor?

$4,000 to $8,000 depending on contractor, size of roof, and price of shingles.


Can a roof be fixed by a general contractor?

If he can't he shouldn't be a general contractor


Can a contractor sue a homeowner if he falls repairing a roof?

Bacon.


How do I know my contractor is repairing my roof correctly?

By doing extensive reasearch on the contractor you have hired will help you to know if he can do the repairs on your roof correctly. They also have sites that have recommended contractors that have to have high ratings before they are considered for thier site.


How do you get Goldie down from the roof on back lot island?

You don't. As soon as you meet him, he drops the script pages and they blow out onto Sunrise Street. You have to recover them from the rooftops.


Where can one find a contractor to do roof repairs?

In order to ensure that good work is done, a professional contractor is needed for all construction work. The best place to find a contractor is on Angie's List.cs t


What is the preposition in the sentence -come down from the roof?

come down from the roof.


How do you draw a gothic roof?

When designing a house, you may need sketches of the house to give to a contractor, If you are not skilled in drawing, and want a gothic style roof, you can use a Auto Cad program to draw the house and roof for you.


What is a roofing contractor?

Roofing Services can extend the life of your roof and prevent costly future repairs and giving you the best looking roof. Roofing experts deliver quality products, workmanship and good old fashioned customer service to ensure you have the desired results.


What if insurance has paid for your roof but roof company wants your deprecation as well?

Once your roof has been replaced, it is now a new roof so their would be no depreciation at that point. The roofing contractor is entitled to the amount he quoted and the homeowner agreed to pay for the job, no more.


Why would a contractor need liability insurance?

A contractor may insist on the notion of liability insurance in case any unforeseen incidents may occur, such as a roof caving in, so they can not be held accountable.


Aside from the price of the service' are there any other considerations you need to look into before you pick a roofing contractor?

There may be some differences in the estimates, as every roof contractor has some different costs involved. When you compare the quotes of all the three contractors, ensure that the labor charges are included in the contract. Besides this, don't forget to take the reviews of the people who have got their roof repaired from your chosen roofing contractor.