Hurricanes a comin'

Just thought that was passed onto me today. if you have closings coming due in the next week or so you might want:

• If you have any purchases upcoming over the next two weeks, then I would suggest that you go ahead and get the binder for insurance in place. Generally, the insurance companies will stop binding coverage within a few days of an impending storm. Be proactive on your purchases with respect to the insurance.

• If you have any purchases or refinances upcoming over the next two weeks, then I would suggest that you anticipate having to order a 442 to insure that the collateral was not damaged by the storm. All investors are going to require these to be in the file prior to purchasing loans .

Just some thoughts with 'Canes in the area.