Mortgage Protection Program
Exclusively available for Members of InspectedHouses.com by RWS who offer the RWS 5-Year Roof Leak Warranty.
As a leading-edge property inspection company, InspectMT.com is working with both InspectedHouses.com & RWS Warranty Services.
Available to those whose properties have a Seller Pre-Inspection.
If the buyer of the property has an inspection done by either InspectMT.com OR any other property inspection company and for any inspection-related reason there is a delay, postponement, or even cancellation of the deal, RWS will pay your seller’s mortgage up to $5000 per month for up to 3 months.
This reduces the risk to the seller and could potentially cover their mortgage expenses. You have protection with this program.
How To Make A Claim & Terms
Send an email to Nathan@NathanThornberry.com stating:
- The new issue found.
- How the repair caused the closing date to have to be extended (due to the repair). OR
- A known reported issue that was more severe than reported.
- How the more severe report caused the closing date to have to be extended (extra time needed).
How To Calculate Delayed Time
Include this info in your email to Nathan.
- A copy of both inspection reports.
- A copy of the purchase contract.
- The title company contact details (for verification).
- A copy of the mortgage statement.
- A statement from the contractor describing the cause of the delay.
Terms of the Policy
- The property must be uploaded into the InspectedHouses.com system.
- Other causes of delayed closings will not be covered (financing or appraisals, etc).
- The mortgage principal & interest only are being covered (no late fees, contract penalties, etc.)