Hi, if I were to convert a current owner occupied single family into a 2 unit rental (both sides rented), would I need to notify the homeowners insurance company and mortgage company? Would I need to change the insurance policy from the single family to a 2 unit, and would they notify the mortgage company and would the mortgage company need to refinance me? Or would I just need to notify the insurance company that I'm renting it out 100%? submitted by /u/DanGleebitz [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1t47kry/converting_single_family_into_2_unit/
I am looking for homes for sale in Mountain Lakes, NJ. It's charming and seems family-oriented, but in my research I found that the town seems to be in a water contamination crisis. The town has PFOA / PFA forever chemicals that are 12x the national average and 2x the federal limit. They already shut down 1 of their 5 wells because it was so bad, and now a second well got flagged a few weeks ago. I think the contamination source is a superfund site at a military base a few miles away. This seems really bad for us, because my wife and I want to have kids and these chemicals cause birth defects. And with more wells getting shut down, it seems like its getting worse. Even if I filter at home with RO, my family is still going to get exposed at school or in the community / at the local restaurants. I checked the town council meeting and see that they are aware, but it'll take years to be remediated. Question for the group: How do you handle forever chemical contamination in yo...