Talk of The Villages Florida - View Single Post - Mortgage Rate and Rental Insurance
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Old 08-05-2012, 09:39 PM
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jimbo2012 jimbo2012 is offline
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Quote:
Originally Posted by GatorFan View Post
Homes that are rented are Dwelling Fire policies. Homes that are not rented are Homeowners policies. The bank knows the difference.
Ok, so get a "Home owners policy", I think the only difference is this type covers all contents the other type does not cover the contents.

Now what does the bank know?

Rent it get the lower rate.


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Quote:
Originally Posted by thistrucksforyou View Post
maybe you can't afford the villa right now...Key word being have to....
I assume this buyer knows what he can afford and that's his/her call
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