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Foreclosure Forum |
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Can we demand an impound for insurance??In Reply to: Handling trustor's re-Instatement in the last 5 days... posted by Ward-CA- on October 31, 2003 at 6:41 AM ward the house is vacant he hopes to re-instate, fix the place and sell ... the reason we want it done is becuse he has no insurance we are having a heck of a time getting the place insured since we are not the titled owner! any suggestions? we did find a company with a lousy policy, but every week they have a new issue as the home is not in pristine condition and we cannot just show up and rehab it basically, we want this to be over with - he is in over his head and should just let it go - we even offered a deed in lieu but he has some spaztic friend who is "helping" him to take care of things so he sais 'no' the last time he re-instated he put insurance on the place and then cancelled it shortly thereafter... your thoughts? Follow Ups: Post a Followup:
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