Huh?
OK, well, I don't think it really matters what state the property is in, the issue is more a collateral issue. Any mortgage lender is going to want to protect the security for their loan. That means that if you have a tool shed that is really terrific - so terrific that its loss would impact the value of the collateral, well then I wouldn't blame the lender for requiring the insurance.
Grant you, it's a rarity, but that must be some tool shed.
No comments:
Post a Comment