Does anyone know? Is a CLUE report required to sell a house in Arizona?
I have been asked to provide a clue report by the agentlisting our house. We've never been asked for one in the past, or offered access to a CLUE report on any house we've considered buying. I have asked for an explanation, but I got the brush off.
A CLUE report is a 5 year history for anyinsurance claims onthe property, and yes, it's required to sell a house - unless the buyer's lender will waive it.
Almost all homesales these days (bank owned, short sale) do not offer SPDS or CLUE...I think it is safe to say it is not a requirement. It can simply be waived.
Hope this helps- from aaronline.com Insurance (Claims History) Many factors affect the availability and cost of homeowner s insurance. Some insurance companies use a database known as the Comprehensive Loss Underwriting Exchange ( C.L.U.E. ) in their underwriting practices to track the insurance claim history of a property and of the person applying for insurance coverage. Property owners may request a five year claims history from their insuranceagent or purchase a C.L.U.E. report online at https://personalreports.lexisnexis.com/index.jsp or by calling 866-527-2600. For additional insuranceinformation, visit the Arizona Department of Insurance website at www.id.state.az.us/consumer.html and read "The New Reality of Property Insurance - What You Should Know" at www.aaronline.com/documents/insurance.pdf.
Does anyone know? Is a CLUE report required to sell a house in Arizona?
I have been asked to provide a clue report by the agent listing our house. We've never been asked for one in the past, or offered access to a CLUE report on any house we've considered buying. I have asked for an explanation, but I got the brush off.You must have a HotPads account to post. If you already have an account, please login or create an account.
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Insurance (Claims History)
Many factors affect the availability and cost of homeowner s insurance. Some
insurance companies use a database known as the Comprehensive Loss
Underwriting Exchange ( C.L.U.E. ) in their underwriting practices to track the
insurance claim history of a property and of the person applying for insurance
coverage. Property owners may request a five year claims history from their
insurance agent or purchase a C.L.U.E. report online at
https://personalreports.lexisnexis.com/index.jsp or by calling 866-527-2600. For
additional insurance information, visit the Arizona Department of Insurance
website at www.id.state.az.us/consumer.html and read "The New Reality of Property
Insurance - What You Should Know" at
www.aaronline.com/documents/insurance.pdf.
your reply:
You must have a HotPads account to post. If you already have an account, please login or create an account.