Legal Question in Real Estate Law in Virginia

My wife and I have purchased a new home back in September. Our old home of 26 years is currently on the market, and being shown regularly with hope of selling. We have received a notice from our homeowners that they are cancelling our old home insurance because we are not living there. When we changed our address, the post office notified the Morgage Company, who conntacted the Insurance Company, now they are pressiing us on cancellation of our homeowners insurance. What can we do?


Asked on 1/26/10, 4:13 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

So, send a written explanation to the lender that the old home is in the process of being sold and that you expect to have a buyer for it before too much longer and that as a consequence the current mortgage loan wiill be paid off with no further need for any homeowner's insurance.

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Answered on 2/02/10, 2:07 pm


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