If a seller refuses to include GAP Insurance is that a red flag?

Asked by jyssikah15, Plover, WI Sat Feb 9, 2013

This question was asked from this property: http://www.trulia.com/property/3107616101-1841-Whispering-Pi…

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Eric D Lenz, Agent, Greendale, WI
Sun Feb 10, 2013
No. Often times the seller knows that there is nothing to fear so they don't want to pay for it. I know everybody wants to jump down my throat on this, but for decades we got by without it. Title companies found a new source of income and sold everybody on it. OK, start jumping down my throat.
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Rich Moen, Agent, Watertown, WI
Sat Feb 9, 2013
Not nessesarily. Many times the Seller looks at it as an uneeded expense. You can offer to pay for it as the buyer.
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