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Updated over 3 years ago,
Need force placed lender's insurance for SFH in Ohio
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?