October 2018 ยท 2 minute read

Not to take on Lenny, because he wasn’t alone in this approach to the so-called “loyal inner-city consumer,” but didn’t you obtain that experience too, nearly everywhere you shopped?

When order a property subject to the existing mortgage, the protection plan that is on that property covers the previous owner - your seller and mortgage company, and then any other significant lien holders who feel feel like they decide to be addressed in that policy. When the property changes hands, you as brand new owner have a problem unfortunately the insurance policy is still in the additional owner’s word.

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Some people may be questioning the tax implications; if you place this up correctly with asset protection you should only be forced around 15-30% tax (Check your local tax laws to see what a person really liable for).