All Forum Posts by: Jatin Shah

Hey all, just found BiggerPockets and I'm excited to network with some of you.   I'm a tax attorney doing real estate for the last few years.  I know just enough to be dangerous.  Ha. I'm very eager and motivated to make a purchase.  But like many of you, just can't pull the trigger.  However, I'm a big believer that real estate is the way to go for long term security so one day I'll jump into the deep end. 

The market here is getting pretty hot right now.  Nashville is growing and the city is planning on tremendous growth for the next 20 years.  Demand is through the roof!! Hope you all have a nice weekend!

Barring any state reg on the issue, i'm not sure if the insurer is in a much different position than before.   Realistically thought, I'm willing to bet each carrier has it in their policies that they must be informed.  You may give them fuel to deny a claim on this. 

However, in case you don't know, lender can accelerate on the transfer.  Not to mention the tax implications of transfer.  Can't explain fully w/o knowing all the variables.  Best to speak to your CPA.  

Good luck!