From: "Eric Timely"
Newsgroups: misc.invest.real-estate
Subject: Foreclosure Sale...Insuring property during redemption period
Date: 9 Nov 2006 13:21:57 -0800
posting-account=BpSQoQ0AAAAgIcz35grUnk06Q8DtJBi8
(In Colorado) If a property is sold via Public Trustee Foreclosure
Sale, does the foreclosing lender have duty to insure the property
(i.e. maintain property/fire insurance policy) during the redemption
period or does the holder of the Certificate of Purchase need to get an
policy on a property to which the holder does not yet have title to
yet?
Any information, references or help would be greatly appreciated.
Thanks,
Eric
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