I would think buying a resale would be contingent on getting financing...getting financing is contingent on getting insurance. Yes, you may pay a higher premium but that is not the fault of the developer.it is just a fact of life. No one in our neighborhood has been denied insurance on a resale. I think there is a lot of misinformation on this thread. Almost anyone can get insurance on anything, anywhere, but the premiums reflect the risk....higher risk..higher premiums.
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