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flood and fire damage

What happens if a home is damaged prior to closing?

By in Buying On December 13, 2013

    With the recent fires and floods in Colorado Springs, buyers may wonder what happens in the situation a home they are under contract for purchasing becomes damaged prior to closing. Per the Contract to Buy and Sell Real Estate: 19.2.    Damage, Inclusions and Services. Should any Inclusion or service (including utilities and…

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