Escrow funds to cover violations and repairs???

Rehabbing, Fix and Flip, Rental Properties
1

Hey,

I have a buyer, who is trying to contract to purchase two properties. For both properties, the cities are requiring escrow funds to cover the violations.

What we need now, is to know what insurance companies can/do handle bonds for these escrows…

Can anyone help me out with a little good information?

All the best,
~Slim~

2

I would ask the title company that you are planning to close with.

3

Bluemoon06 thanks for this reply.

It’s been a while. But both of those deals did close. My buyer switched to a different title/escrow company that would insure for the repairs!

All the best,
~Slim~