Insurance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Owner Finance Buyer not keeping property insurable
I sold a property about 3 years ago to a buyer owner finance. The buyer has not kept property in a condition that the insurance companies consider insurable so they canceled the coverage. We cannot even find an lender policy in it’s current condition. If it was a rental we would take care of the matter out of pocket.
Anyone ever dealt with something like this?