First off; you should not be owning the property ( only tying it up till you find a buyer ). Secondly make sure it is in your contract that the seller maintains insurance or responsibility for the property until the contract is signed buy your seller and prospective buyer at closing.
Posted by Mary Will on March 21, 1999 at 09:35:10:
First things first, I love this board! I am a newbie looking to do flips in Philadelphia and wonder is it advisable to have some sort of insurance on them during my (hopefully short) ownership?