Sunday, June 22, 2014

Is a mortgage still good if there is no activity for over 5 years .and no payments was made at all .and some of the property was sold with o...

Question

Is a mortgage still good if there is no activity for over 5 years .and no payments was made at all .and some of the property was sold with out consent and the taxes where not paid



Answer

The mortgage is valid for five years from the date the last payment is due. Non activity will not end its effect



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