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Old 02-12-2013, 11:59 AM
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R Leo R Leo is offline
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Join Date: Mar 2003
Location: En te l'eau Rant
Posts: 5,393
Is there a such thing as loan default insurance?

I have a manufactured home that need to sell and move off of my property. Lots of prospective buyers but nobody with enough cash to do the deal outright so, I may have to carry the paper.

Even if they make a substantial down payment, I want to make sure that I'm covered if they decide to default on the loan.

Is there any sort of insurance that deals with this?
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