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We are 3 days away from closing and I get a paper that lists the things that I need to bring to closing. No problem until I see, "This property is in a special flood area" and you need "proof of flood insurance."
Th...
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I purchased a property cash a few years ago and didn't get dwelling coverage. Now I'm having a hard time finding an insurance company to insure the property due to the age of the home (built in 1946) and because its b...
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I have "Landlord insurance" with Foremost. I wasn't insured for a tree that blew against a house last year, they say its for fire and liability. Are you insured for every loss or just these?? I'm buying foreclosures a...
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So I am moving out of my condo at the end of October and will be moving out of state for at least a year because of my job. I will be renting out my condo while I'm gone and figured I should get landlord insurance for...
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Hello, I started this form to introduce myself as a new member and how I can those in the RE industry. I work in title insurance for New York Underwriter. We are a fast growing company that currently operates only in...
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If I own a property with an underlying mortgage and owner finance sell it using a wrap-around mortgage where should I be listed on the insurance policy?
New Buyer - Insured
Underlying Lender - Lost payee
Myself - ?
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I am flipping homes in the West Phoenix area.The insurance agent that handles my rentals won't issue me a rental policy (cost about $550.00 per year) on the homes I am flipping as they are vacant. Instead, he insists...
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Hi everybody new here,So I just bought a rental property in cash that is located in a 100 year flood plain zone. Is it worth it to get the insurance? From calculations, it appears that it will at least take 1500 away ...
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i am just starting out in the real estate business. I live in ny, ny. I have never had to go outside a company and purchase insurance on my own. I am looking for helpful advice for paying health insurance out of pocke...
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Hello Everyone,
I posted on this in another thread but now I have a new problem related to my insurance...
I have had to delay closing becuase the lender has rejected my insurance coverage. I am purchaseing a 4-uni...