Forced Insurance/REO Insurance

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Posted by Pahomes on June 03, 2004 at 18:16:54:

Who is everyone using for 2 types of insurance:
1) Forced Insurance where we own the mortgage on a property and the HO's have not kept insurance up on home....we want to place insurance on it.
2) We get deed off of the Homeowner, they move out, we take title to property, and it's sitting vacant...who are you using for this insurance.
It's probably the same folks who insure REO types properties.


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