Foreclosure Endorsement


If I move out of my house will there be a foreclosure even if I have mortgage insurance.?

I have a reverse mortgage which has a mortgage insurance endorsement. If I move out because of the crime problem in the neighborhood will there be a foreclosure and will my credit be destroyed?
I cannot sell the house as the value has halved recently.

Just posing the question here is already the intent and your motive, so yes. But you can’t just move and not pay your mortgage because of crime….

Endorsement for NO Foreclosures! book on major radio program


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