Hey Bill Ackman, how do you sell when buyers know they can't get insured? Derp.
Hey Bill Ackman, how do you sell when buyers know they can't get insured? Derp.
You have to be a little proactive also. Our premiums (Sierra Nevada foothills) were rising fast ($8k per year) and we knew cancellation was inevitable. Our buyers knew the risks and bought anyway. They had to get the CA Fair Plan for fire insurance.
To quote a famous tweet: “Who are they going to sell to, [Bill]? Fucking Aquaman?”