home owners insurance for mobile homes
Who pays for insurance when you are home owner financing? Also in Texas so c insurance?
Who pay for home insurance when you own funding? The seller or buyer? Also in Texas, which insurance companies offer insurance for mobile homes?
Whose name is on the title, the Secretary of the facts? Until title passes to the buyer, the house is rented, and must be secured in this way. If this is a land contract, the seller must maintain the policy of 1. make sure you are paid and 2. sure they have coverage Instead, you should return the rental contract. The buyer must then carry a renters insurance policy. If the act is being transferred immediately, then the buyer's policy. The seller then just wait to be paid by the policy. Most of the time, owner financing is more problems than it is worth it. If the person is not credible enough to secure a mortgage on their own, they are more likely going to stop paying the mortgage SU, too. Then, depending on the condition of the property, you're left with something essentially unmarketable. Insurance for mobile homes, find an agent who represents Foremost Insurance – www.foremost.com. If the house is over 20 years old, is not insurable. After 20 years, depreciated to nothing.
