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Updated over 4 years ago on . Most recent reply

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Will Parker
25
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62
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Seller has 8 unit property with no insurance - Help!

Will Parker
Posted

A seller who is looking to move past his MF property currently does not have insurance on it (How? I have no idea). Was curious if anyone had experienced this, and if any additional processes need to be considered if we go under contract. I would think that nothing would change, and I would simply establish property insurance that would go into effect on the closing date and that's that. 

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Charles Kao
  • Specialist
  • Grand Rapids, MI
610
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1,025
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Charles Kao
  • Specialist
  • Grand Rapids, MI
Replied

@Will Parker

All you need to know is if you can get insurance on it.

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