Ask Experts Questions for FREE Help !
Ask
    debbiehenson's Avatar
    debbiehenson Posts: 2, Reputation: 1
    New Member
     
    #1

    Jul 7, 2012, 08:40 AM
    My home
    My husband passed away and we just got a house, it is a rural development loan is there an away to keep my home? Iam on a disability check and no other income is there insurance in the loan to pay it off
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Jul 7, 2012, 08:44 AM
    We do not know, when you and your husband took the loan out, did you buy the optional insurance? It would be in the paper work where you bought the house, You may ask the loan company and also double check by reviewing the paper work.

    Also if not though them, did your husband go to an insurance agent and buy a policy that he was paying for ?

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Lived in my home for 1 year, Want to buy larger home. Will I pay taxes? [ 5 Answers ]

I have lived in my current home for 1 year and would like to sell it to buy a larger home in the same town/state. I will most likely make a profit of $20k off my home and will re-invest every penny back into the larger home that I want to buy. Will I still have to pay taxes on the 20k from my first...

Tenant in my private home has not paid rent, so can I limit her access to my home? [ 7 Answers ]

I live in NJ.. My wife and I separated in 2009, to cover bills, she allowed a friend to move into a room in our private home and gave her a basic lease which is NOT dated. My wife does not own the home, I am the primary owner on the mortgage. Anyway, this woman she allowed to move in is a horder,...

Own home, rent lot, can teen son's behavior get me evicted and lose home? [ 10 Answers ]

I own a modular home but rent the lot it sits on in a mobile home community. My 16 yr old son was supposedly seen smoking pot on the property by an employee. Can I be evicted? If they did see my son with drugs, shouldn't the police have been notified? How do I protect myself and my home? I live in...

Primary Home in Florida Another home in Missouri now foreclosure but Husband had 1099 [ 7 Answers ]

Husband works for Companies out of Missouri... and receives 1099... all of his time that is free is spent in Florida But even though had a home in Missouri, he was never there... maybe a few days a month But spent more time here in Florida. Do we file taxes in Florida? And... we previously...

Schedule C home depreciation and effect on eventual sale of home in the future [ 1 Answers ]

I am debating if I should take depreciation on my personal home onto my federal schedule C. Let me explain, My gut feeling tells me that when I eventually sell my personal home I will be forced to add back all the depreciation I have taken on my schedule C for all those past years as income for...


View more questions Search