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Old 08-26-2011, 12:06 PM
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Default Mortgage insurance question?

If you carry mortgage insurance and your house is for any reason condemned, will the insurance payoff the mortgage? Or will you still be making payments on something that you can no longer inhabit?
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Old 08-26-2011, 01:32 PM
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mortgage insurance will not payoff the mortgage because you didn't keep your home in good repair. you will still be responsible
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