InnoVest's Foreclosure Forum
Ward takes the stairs.

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Annual Reunion

Speaking Schedule

Store

Foreclosure Fundamentals

Code References

Recent Legislation

50 State Foreclosure Basics

Foreclosure Glossary

Foreclosure Statistics

75+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Booklist

Contact / Map | Priceline Tips

About Us

Home

 

Innovest Resource Management BBB Business Review

Re: House insurance during eviction after REO purchase

July 02, 2014 02:18PM
Thanks for the suggestion Bill. I'm still unsure whether eviction of a past homeowner constitutes as a 'rental' and that I'm a landlord and I wasn't willing to test this in court in case the house did burn down. So when I called three agents (in the LA area), I explained in detail the exact situation that I was facing. Two of them weren't able to find any coverage, one of them had to do some digging but was able to find two separate companies to cover hazard/vandalism + liability. For reference, to insure ~$500K, it's going to cost ~$1700/year (not including earthquake).

Anyway, thanks for the help again! (Now wish me luck on the eviction!)
Subject Author Views Posted

House insurance during eviction after REO purchase

zhaohuang 3983 June 29, 2014 11:08PM

Re: House insurance during eviction after REO purchase

Bill H 2817 June 30, 2014 06:18PM

Re: House insurance during eviction after REO purchase

zhaohuang 2837 July 02, 2014 02:18PM



Sorry, only registered users may post in this forum.

Click here to login

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2024, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455