Mortgages inherently deal with death. The word “mortgage” comes from the Old French for “death pledge,” meaning that the loan expires after being paid in full; if it’s not paid, the property is taken and is “dead” to the owner. But what if your death pledge outlives you? Who pays your mortgage after you die?...
The article What Happens to Your Mortgage When You Die? originally appeared on NerdWallet.
from NerdWallet
https://www.nerdwallet.com/blog/mortgages/happens-mortgage-die/
No comments:
Post a Comment