October 30, 2013
AgencyMA Condo Insurance “Walls In” Coverage and when does a Borrower need it?
Massachusetts Condo Insurance HO-6 “Walls In” Coverage and when does a Borrower need it? MA “Walls In” coverage is also called MA Condo Insurance HO-6 coverage. Fannie Mae requires that lenders verify that Hazard Insurance for all common interest developments including PUD’s and condominium projects with attached units covers fixtures, equipment, and other personal property inside individual units. The […]
April 26, 2013
AgencyDo you Own a Home or Condo? You need Homeowners or Condo Insurance!!
Do you Own a Home or Condo? You need Homeowners or Condo Insurance!! If you own a home or condo, your mortgage insurance lender will require you to carry home insurance. The reason for this is that the insurance protects the lender from a major financial loss if the home is damaged for any […]