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Tax Liens & Mortgage Notes

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Roger Gelpey
  • Investor
  • Danvers, MA
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Liability/property insurance on an AL lien property

Roger Gelpey
  • Investor
  • Danvers, MA
Posted Oct 16 2018, 06:02

Hello all, I have a certificate on a house that was in the process of renovation and as such is gutted. The neighbors tell us that the taxpayer was going to move in but fell on hard times around 1 1/2 years ago and nobody has been in the house since. We cut the grass and found the house open in a few places so we went in and found building supplies etc but obviously no recent activity. We think this qualifies as abandoned but my more immediate question is if we have extensively posted the property should/can we insure it? I am concerned about liability primarily but casualty as well. Thanks very much!

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