Friday, 21 February 2014

buy assuming payments to the mortague if upon that mortague dies but I keep on paying and the mortague co is not noyified what could happen

Question

buy assuming payments to the mortague if upon that mortague dies but I keep on paying and the mortague co is not noyified what could happen



Answer

Assuming the mortgage usually means you get a deed from the original mortgagor. That usually entitles the holder of the mortgage to declare a default. You should consult a lawyer to understand your rights.



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