REO Properties in Utah: Insurance Mistakes That Drive Up Losses
When a foreclosed property enters real estate-owned (REO) status, insurance risks change almost immediately. Vacancies, deferred maintenance, vandalism, and liability exposures can all increase the likelihood of a costly claim. Yet many lenders, investors, and property managers assume their existing coverage will continue to provide the same protection it did before foreclosure. REO insurance coverage […]
June 4, 2026