Insurance Cancelled?!
My sub2 insurance policy has been cancelled because the property is no longer occupied. It was a rehab job that took a little long, rehab is complete and its on the market for sale.
On a new policy on a property in sub2: who are the various parties? The seller with trustee as additionally insured? The trust?
Please help me fill out the form
This should help:
http://www.thecreativeinvestor.com/modules.php?name=Articles&file=article&articleid=472
[addsig]
The homeowners policy has been cancelled effective in a few days. A new builders risk / vacant dwelling policy is going on at the same time.
Good call...
[addsig]
I would say Chase would have no problem writing a letter stating they will follow the law in this specific instance.
Have your wife write the request letter to Chase, and ask mom-in-law sign the letter also. Do you have problems with your wife to going on title without you and adding you later?
Let us know how it worked out, OK?
[addsig]
thanks. I hope to give them a call first thing in the morning and see what they say. Do you think it would be beneficial to speak to a real estate attorney about any of this?