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Updated over 11 years ago on . Most recent reply

Lori Hunter's profile image
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Lori Hunter
  • Real Estate Investor
  • from Delray Beach, Florida
  • Member since Jun 3, 2013
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Lori Hunter's profile image
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Lori Hunter
  • Real Estate Investor
  • from Delray Beach, Florida
  • Member since Jun 3, 2013
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Lori Hunter
  • Real Estate Investor
  • Delray Beach, FL
11
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Mobile Home Park Investing

Insuring Investment Mobile homes

Lori Hunter
  • Real Estate Investor
  • Delray Beach, FL
Posted

How would one handle insuring mobile homes that are purchased to resale for payments?
I imagine it is calculated into their monthly payments, and I, as seller maintain responsibly to make the payments(?) I ask because I would be afraid that they would cancel it or not pay for it. Then, I guess we would both be in trouble if it burned down or blew away in a hurricane.

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Joe Bertolino
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  • from El Dorado Hills, CA
  • Member since Apr 20, 2012
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Joe Bertolino
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  • from El Dorado Hills, CA
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  • El Dorado Hills, CA
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Joe Bertolino
  • Investor
  • El Dorado Hills, CA
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Foremost Insurance (owned by Farmers) is the largest writer of mobile homes in the US. You can go to their website to locate an agent in your area.

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