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Updated 8 months ago on . Most recent reply

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Joe Shepherd
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Insurance Structuring Advice

Joe Shepherd
Posted

Hello, I am looking for advice on insurance structure. Bought a property in my name with a mortgage, then quit claimed to LLC. Insurance is now listing LLC as primary, but it's escrowed.
Am I risking the due-on-sale clause?
Would listing myself as secondary help or should I just pull insurance from escrow?
I appreciate the advice! 

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