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Posted by Phil Marti on April 10, 2008, 9:49 pm
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"My interest" wrote:
>I have a policy with me listed as the insured. The covered amount is
> the original purchase price with a notion of the mortgage amount.
>
> Will the policy still be valid after I pay off my mortgage but still
> own the same house?
This isn't a tax question. I think there's a moderated board for legal
questions.
You probably need to have your lawyer look at the policy. AFAIK there are
owner's policies and lendor's policies.
--
Phil Marti
Clarksburg, MD
--
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