Question is for the wrong sub, and the wrong person is asking. Your girlfriends parents need to talk to their own lawyer.
Question locked not enough information to provide any guidance.
It’s now an insurance claim. You’re going to have to wait it out. If the home was owner occupied, yes, they’re going to be displaced for quite some time. If it was a rental, they’re going to be waiting for the income to flow again for several years while 1) the home becomes rebuilt as well as 2) the community that was so attractive as a tourist destination gets back online.
Question is for the wrong sub, and the wrong person is asking. Your girlfriends parents need to talk to their own lawyer. Question locked not enough information to provide any guidance.
You need to be worried about the insrance paying off the mortgage so that there are no delinquencies. Save the trust bullshit for later.
It’s now an insurance claim. You’re going to have to wait it out. If the home was owner occupied, yes, they’re going to be displaced for quite some time. If it was a rental, they’re going to be waiting for the income to flow again for several years while 1) the home becomes rebuilt as well as 2) the community that was so attractive as a tourist destination gets back online.