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Updated about 1 year ago,
How do I deal with insurance on a creative deal?
Hi all,
Im looking for any insight on insurance in a sub to / seller finance deal.
1. For sub to: Since I would be taking over title to the property, but the mortgage is still in the sellers name, how does the insurance company view this?
2. For seller finance: I wouldn't have a traditional mortgage, so would the insurance company treat this differently?
Thanks,
Peyton