Posted on: 02nd Feb, 2011 09:46 pm
My mortgage 1st mortgage was charged-off. Can I still keep insurance on the house and pay the taxes? Will the insurance company fix the house if any damages occur. I currently don't live in the house. I have a tenant living in the house.
Hi Mr. V,
As far as I know, you will be able to keep the insurance on your house and pay the taxes. The loan charge off won't affect it.
Thanks,
Jerry
As far as I know, you will be able to keep the insurance on your house and pay the taxes. The loan charge off won't affect it.
Thanks,
Jerry