So I had lunch with a good friend whose home was significantly damaged in the Westmoor subdivision. She is just about done with her insurance process (her home will require a lot of repair but it is still standing) but says that several investors have called her giving her offers to buy her home as-is. She told me these people were quite aggressive and didn't seem to mind that accepting an offer would disrupt her insurance claim. She admitted to me she was tempted to take it to get some emotional relief and move on with her life.

I really hope this is not uncommon, this seems like the lowest form of disaster profiteering. At the very least these folks should probably wait a few months to let the real estate market stabilize. I did not ask her the specific amount of what she is being offered, but I am sure it's some ridiculously low amount. Anyone heard any stories about this?