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Updated about 6 years ago on . Most recent reply
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Insurance companies for wrap around sales (sub 2 underlying lien)
Hi all,
Wanted to see if anyone has recommendations for insurance companies that know how to do insurance policies for properties that have been bought "subject to the underlying lien" and have been sold "owner financed". In other words, a wrap deal. Insurance is one of the main reasons why the underlying lien can be called so I want to see if I can connect with an insurance agency that has experience with this type of deals so that my buyers could get affordable/reasonable prices as the insurance companies I know are charging high prices.
Thanks!