Posted by Ben (NJ) on May 31, 2000 at 06:40:30:
The short answer is yes, a competitor of mine has insured his entire tax lien portfolio for just these reasons. I could find out the name of the company if you want. I don’t know if its worth it though. If properly purchased, your lien should be no more than 10% ltv at the time of foreclosure which means the value of the land itself should adequately protect your investment.
tax liens / protecting your ASSets - Posted by kahn jittels
Posted by kahn jittels on May 30, 2000 at 22:14:48:
hello-
maybe someone here has the answer to this question:
Can you take out an insurance policy on a house you are holding tax liens on?
background: i bought some tax liens and am now wary that someone may decide to ‘take out’ the property. Concerned that the vacant building may burn down and these tax liens i hold may become worthless.
thanks!
Re: tax liens / protecting your ASSets - Posted by Rob FL
Posted by Rob FL on May 31, 2000 at 09:44:15:
If you get with one of the big players like Lloyd’s of London they will insure just about anything for the right price.