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Updated almost 4 years ago on . Most recent reply

Elaine Hester's profile image
Elaine Hester's profile image
Elaine Hester
  • Rental Property Investor
  • from Vista, CA
  • Member since Jul 13, 2017
  • Posts 46
  • Votes 21
  • Experience 18 Yrs
  • Investments 11
Connect

User Stats

46
Posts
21
Votes
Elaine Hester's profile image
Elaine Hester's profile image
Elaine Hester
  • Rental Property Investor
  • from Vista, CA
  • Member since Jul 13, 2017
  • Posts 46
  • Votes 21
  • Experience 18 Yrs
  • Investments 11
Connect
Elaine Hester
  • Rental Property Investor
  • Vista, CA
21
Votes |
46
Posts
Insurance

Need force placed lender's insurance for SFH in Ohio

Elaine Hester
  • Rental Property Investor
  • Vista, CA
Posted

We are private lenders in the process of trying to take back, through DIL or foreclosure, an unoccupied SFH that is in default by the flipper/borrower. The flipper did such a poor job that the house wont sell for anywhere near the estimated ARV, then let the insurance expire. We understand the only way we can insure it is through force placed insurance. Does anyone have any recommendations for a provider of such insurance?

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