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If you purchase a home to flip and resale and also purchase homeowners insurance if the persons you are legally having evicted vandilizes or burn down the home with the insurance pay for it?
Wiki User
∙ 14y ago
It always comes down to your policy and the law. When you buy a home, the agent will ask you if this is your primary residence (meaning where you sleep and eat a majority of your time), a second home, or an investment property.
Since it is an investment property, they will ask you if it occupied or vacant. They may ask to see a lease and other documents that might be required.
Failure to disclose information on your application may void your policy.
See RentLaw.com for more info.
Wiki User
∙ 14y ago
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After being evicted how long after does it show up on your credit?
About 60-90 days.
How long until im evicted in repossesion?
The new owner or bank can evict you 24 hours after taking possession of the property (usually the foreclosure auction).
What responsibility does a cosigner on an apartment lease have?
a cosigner is a person who is responsible for the rest of the rent that you don't pay if u get evicted the person who signed as a cosigner will have to go to court
Can a bank take furniture and TV etc in a home foreclose?
in order for the bank to remove your personal property from your home the foreclosure must have taken place and you must being legally evicted first.
What are the advantages and disadvantages of mortgage?
Advantages: You get to acquire a property without saving the purchase price. You get an income tax deduction in the US. You build credit history. You get to hold what is historically an appreciating asset without fully paying for it. Disadvantages: You pay intesest charges, discount points , taxes and other fees. The tax deduction is only about 25% costs above. Without faithful payment you can be evicted. The mortgage holder controls various facets about the house and can prohibit you from selling small parcels or doing modifications to the structure and the like.
Can i be evicted for not getting renters insurance?
Yes, you can. If it's in your lease contract that you signed and you don't have it, then you are considered in default or violation of the lease already.
What is it called when you get kicked out of your house?
You are being evicted.
Were NeNe Leakes and her husband evicted from their home?
yes. they were evicted.
Is it legal to break into a house you were evicted from?
No, if you were evicted you no longer have a lawful right to enter.
What are the ratings and certificates for Evicted - 2000?
Evicted - 2000 is rated/received certificates of: USA:R
Can your husband be evicted if he never signed the lease in California?
If YOU, his legal spouse, signed the lease - then he cannot be evicted. If no one ever signed a valid lease, then you can all be evicted.
Can you be evicted after writing 2 NSF checks?
If you are late with rent payment you can be evicted at any time.
Can you be evicted because you went from part time student to full time?
You can be evicted for not paying your rent.
When was Evicted - Flight of the Conchords - created?
Evicted - Flight of the Conchords - was created on 2009-03-22.
How do you put the word evicted in a sentence?
The couple was evicted from their apartment because they were always very late with the rent.
Can a person with AIDS be evicted on that basis?
Not on that basis. But if the tenant violates the terms of the lease, they can be evicted regardless of that condition.
After being evicted with no reason do you still have to pay rent?
No if you are evicted you do not live there anymore and there for don't have to pay rent.
