We are carefully watching Hurricane Irma, and we wanted to let you know that we are doing our best to reach all of our transferees. We are also taking the necessary, temporary precautions in the following areas:
- Home Sale & Inventory – We are postponing the extension of all home sale activities for guaranteed buyouts and amended sales and postponing accepting any transactions with homes located in Puerto Rico, Georgia, Florida, North Carolina, South Carolina, Alabama, Mississippi, Louisiana, and Texas for approximately five to seven business days from today, September 9, 2017.
- Vacant Property Insurance – Our insurance provider will not insure any new properties at this time. We are reaching out to transferees to make sure they have adequate insurance for the potential storm. Their own insurance should oversee the potential claims to avoid further issues outside of Altair Global.
Altair Global (‘Altair’) has provided this information as a service and convenience for your information only. It is not intended to replace your own legal or financial guidance and/or assistance and you are encouraged to seek the advice of your own tax and legal advisor. Further, the information contained herein is to our knowledge accurate to the extent of the data available to Altair as of the date identified. Altair does not assume responsibility for the accuracy of the contents hereof and is under no obligation to update the material contained herein.
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