We have had our home up for sale with a real estate agency. We have relocated because of a job change. We unexpectingly received a notice that our homeowners insurance would be cancled. We have found it impossible to find reasonably priced liability insurance being that the house is vacant. Is there any recourse?
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to creating jobs, helping troubled borrowers avoid foreclosure and providing incentives for home buyers, lenders could soon unleash a torrent of real-estate owned, or “REO” properties — even in markets already flooded with an oversupply of homes for sale. “It’s almost like a tsunami — you can see it coming and you know it’s going to hit but you can’t get out of the way,” said Ann Stickel, vice president of affiliated services with Sarasota, Fla.-based brokerage Michael Saunders & Co. So how …
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