Buying or selling a home is already stressful, but when a hurricane looms on the horizon, the stakes get even higher! In coastal areas like Wilmington, NC, understanding how a storm can impact your real estate transaction is critical. Whether you’re under contract to buy or sell, preparation and knowledge can protect your investment and keep the deal on track. Here are the top three things every buyer and seller needs to know when a hurricane is approaching during a home sale.

1. Insurance Is Key — Bind Early
Buyers: The biggest hurdle buyers face when a storm is named is securing homeowners insurance. Insurance companies typically place a binding moratorium as soon as a hurricane is forecasted, which means you cannot get new coverage or make changes until the storm passes. Without insurance, your lender won’t allow the closing to proceed. This can stall or even jeopardize your purchase. The best move is to lock in your homeowners and flood insurance policies as early as possible.
Sellers: Double-check that your current insurance is active and paid in full. If damage occurs before closing, you will be responsible for repairs or filing claims since the property is still under your ownership until transfer.
2. Property Condition Matters
Buyers: Real estate contracts usually require sellers to deliver the property in the same condition it was when the contract was signed, with the exception of normal wear and tear. If a hurricane causes damage, you may be entitled to repairs, credits, or in some cases the right to terminate the contract if the damage is substantial. Always schedule a post-storm walkthrough before closing.
Sellers: You are responsible for maintaining the property until closing. Secure your home before the storm—install shutters, bring in outdoor furniture, and take photos for documentation. Pro tip! Empty the ice maker in the fridge and turn it off. If the electricity goes off, you’ll avoid a mess in the kitchen floor! If damage occurs, be prepared to negotiate with the buyer on repairs or credits.
3. Be Ready for Delays
Both Parties: Hurricanes disrupt more than just the weather—they can shut down county offices, title companies, lenders, and insurance providers. Even if your home is untouched, your closing could be delayed because the necessary services are unavailable. Extending the contract due to a natural disaster is completely reasonable, but it’s important to confirm the details with your agent and attorney. Flexibility is key.
Buyer Action Checklist
- ✅ Bind homeowners and flood insurance as early as possible
- ✅ Review contract clauses regarding storm damage
- ✅ Plan for a post-storm inspection or walkthrough
- ✅ Stay in communication with your lender and closing attorney
Seller Action Checklist
- ✅ Ensure your insurance policy is active and up-to-date
- ✅ Secure your property before the storm (shutters, sandbags, photos)
- ✅ Document the home’s condition pre-storm
- ✅ Be ready to make repairs or negotiate if damage occurs
Final Thoughts
Being under contract when a storm is brewing doesn’t have to derail your deal. Buyers and sellers who prepare ahead of time with the right insurance, secure property protection, and flexible expectations will be in the best position to weather the storm—literally and financially.







