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Who pays for the real estate taxes and for the homeowner’s insurance?

April 26, 2017Homeowner Insurance pays Real Estate taxes

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Who pays for the real estate taxes and for the homeowner’s insurance?

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Both real estate taxes and homeowner’s insurance on the structure are paid for by the current owner until such time that you exercise your option to purchase the property. It is a good idea for you to continue to keep renter’s insurance on your personal belongings.