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Insurance coverage hits Rossmoor buyers trying to get mortgages
Insurance coverage hits Rossmoor buyers trying to get mortgages At least for the time being, it will be difficult for most buyers of Rossmoor homes to obtain necessary mortgage financing, because GRF’s insurance limitations have prompted a moratorium on many new mortgages for home purchases in Rossmoor. And even some who pay cash may have trepidations, fearing an inability to be made whole
January 30, 2024