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All Forum Posts by: Nick Morello

Nick Morello has started 1 posts and replied 2 times.

Tax Liens & Mortgage Notes

Post: Tax Sale Insurance During Redemption Period

Nick MorelloPosted
  • Real Estate Investor
  • fairfield
  • Posts 2
  • Votes 0

Thanks Geof. I will call Foremost tomorrow. Is there a special name for this type of policy?

0 Votes
Tax Liens & Mortgage Notes

Post: Tax Sale Insurance During Redemption Period

Nick MorelloPosted
  • Real Estate Investor
  • fairfield
  • Posts 2
  • Votes 0

Hi all. Let's assume you have won a tax sale auction and now you have to wait until the redemption period expires before you can take ownership of the property. What happens if a flood or fire occurs to the property during the redemption period? How can you proect/insure your interest? Does anyone know if there is insurance available and/or who providers might be? Thanks

0 Votes