Yes, I'm looking for an agency that will write a new insurance policy on properties I purchase using the Subject To strategy.
As I understand it, many will not, and I've seen some investors say they actually take out a second policy on top of the original policy. I'm not interested in doing that.
As long as you hold title... There is really nothing that different for the insurance agent...
Yes, the loan is in the seller’s name, so the insurance declaration page that is being sent to the mortgage company should reference the names of the people on the mortgage...
I have my name added... And the old owners name is just added in the reference or notes section on the policy... I am the policy owner (for lack of better words)...
Go sit down with a couple agents… Maybe there are just confused.