There are also reports that investors and real estate developers have already begun efforts to acquire the victims’ land. Hawaii Gov. Josh Green is accusing real estate investors of trying to “steal land” from people who had their homes destroyed by the Maui wildfires. Some Maui residents are accusing land development companies and real estate agents of cold-calling them with offers to buy their properties after the wildfire.
I urge readers to be aware of these issues and to take steps to protect themselves and their property. It is also important to be aware of the conduct of insurers and other parties who may try to take advantage of those affected by disasters such as the Maui fire.
The Maui blaze has profoundly affected numerous homeowners without insurance coverage. Victims should reassess their insurance and mortgage terms, and our readers should remain vigilant about insurers and entities potentially exploiting those impacted by such calamities.
You can read more about me in my bio here. Stay safe, stay informed, and always be prepared.
