Thursday, December 7, 2017

What do I do with homeowners insurance claim check?

I currently have a check that was endorsed to myself by the mortgage company after an insurance claim was processed.

Do I have to spend the entire check on the repairs?
Do I have to do all of the repairs with a professional or can I do them myself?

Insurance company is Florida Penninsula
Mortgage company is Ocwen

I have spoken to both companies and they are very technical with their answers. I guess I'm looking for someone to dumb down how the process works so I can understand and not do anything I shouldnt.

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