Fire Damage/ Dealing With Insurance Company
I have been told that if you take the money to move on a house that has been totaled due to fire damage that the insurance company will take over title to the house after they payoff the liens agianst. Any truth to this?
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I am pretty sure they would. It just like a car insurance payoff. When you have a wreck and the car is totalled, you get your check and they get the wrecked car.
Hope this helps,
Benny
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