March 23, 2016 brought a catastrophic hail storm to North Texas, one of the worst in Texas history.
Unfortunately, agent Kathy William’s clients’ home was hit. Their roof was destroyed, skylight smashed, guttering damaged, and AC cover beaten full of holes.
The home was under contract, scheduled to close the day after the storm. The buyers closed a day early, before the storm and the sellers closed the next morning after filing an insurance claim. But, when the buyers saw the damage they called their mortgage company and told them not to fund the loan. The mortgage company agreed.
Read the whole story and the lesson learned at Kathy William’s blog.