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Updated over 10 years ago,
Termite Inspections and Insurance on Sub2 Purchase
I'll be going to the escrow office tomorrow and they just emailed me asking if I got the termite inspection? I'm taking over Sub2, and it may be in the standard CA RE contract, but can't I just have them take it out? There is no new lender in the transaction so I would imagine that's not mandatory.
She also asked about homeowner's insurance, which I have not even thought about in the mad scramble to save the home from foreclosure. Does my policy need to be in place to close?