The Veritas Real Estate Group, Inc.

Did you know that your real estate closing may be delayed if there is a named storm in the area on your day of closing? It's true. If you are financing your purchase of a single family home, the hazard insurance companies will not issue a policy if there is a named storm in the area. If you are buying a condo, it's not a problem because the condo common areas are already insured and if you are paying cash, it's not a problem because you can ask that the start date for your insurance be pushed later in time after the storm passes. But the lenders require a hazard policy be in place at the time of closing and a financed deal on a stand-alone property might be delayed. The hazard insurance companies don't want to issue a homeowner's policy at 10AM and have the roof blow off at noon.

So be prepared for the unexpected June 1-Nov30 and go with the flow. Chill out, relax, you're in the tropics, man.