Barbara M.
New Member
- Jurisdiction
- California
My daughter and her boyfriend have been impacted by the Camp Fire in Northern CA. They are young. Here is the issue:
House is completely burned...nothing left.
Boyfriend bought the house where the owner is carrying the title. Boyfriend's sister helped purchase the house as she has established credit. She may even be primary on title even though she did not live there. Boyfriend put $14k down. Sounds like paperwork all went through a Bay Area escrow company. Boyfriend needs to contact them for copy of of papers as his burned in the house. Sounds like the owner carrying the title has the insurance policy. The house is covered, property is not. The boyfriend does not have additional insurance. My daughter purchased new furniture etc for the home. Largely paid cash, a little on credit. They had minimal bills being delivered to the house, as they literally just moved in, but at least there is something tying them to the address.
Two questions:
What are the next steps for the boyfriend? He is now homeless, legally obligated to pay on the property and the person carrying the title will receive the entire insurance reimbursement with plenty left after rebuild to profit.
What are the next steps for my daughter? Is she just out of luck at this point?
This will not be a short term displacement. The entire infrastructure of the town has been destroyed.
I struggled with where to place this in the forum, but thought I'd start here because of the way the home was purchased. Please let me know if I should post elsewhere.
Thank you!
House is completely burned...nothing left.
Boyfriend bought the house where the owner is carrying the title. Boyfriend's sister helped purchase the house as she has established credit. She may even be primary on title even though she did not live there. Boyfriend put $14k down. Sounds like paperwork all went through a Bay Area escrow company. Boyfriend needs to contact them for copy of of papers as his burned in the house. Sounds like the owner carrying the title has the insurance policy. The house is covered, property is not. The boyfriend does not have additional insurance. My daughter purchased new furniture etc for the home. Largely paid cash, a little on credit. They had minimal bills being delivered to the house, as they literally just moved in, but at least there is something tying them to the address.
Two questions:
What are the next steps for the boyfriend? He is now homeless, legally obligated to pay on the property and the person carrying the title will receive the entire insurance reimbursement with plenty left after rebuild to profit.
What are the next steps for my daughter? Is she just out of luck at this point?
This will not be a short term displacement. The entire infrastructure of the town has been destroyed.
I struggled with where to place this in the forum, but thought I'd start here because of the way the home was purchased. Please let me know if I should post elsewhere.
Thank you!