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Yes, you should pay off you house mortgage because otherwise, you do not truly own your house.

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13y ago

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Who is responsible for a mortgage if the owner dies before its paid off and the house is left to her son in a will?

The mortgage should be paid by the remaining estate. If there is not enough cash left to pay off the mortgage, the house can be sold and the mortgage paid at closing, or if the mortgage is assumable, the son may take on the mortgage as his own debt and keep the house.


Do you still have to pay back your mortgage if your house for sale?

Of course. Until you pay off the mortgage loan, you have to pay payments on the home.


How can one buy a house with no mortgage?

One can buy a house with no mortgage if they are wealthy individuals who do not need loans to pay off a house. They usually pay the full amount of a house in cash.


Do you have to pay a mortgage on a house you own?

No, if you own a house outright with no mortgage, you do not have to pay a mortgage on it.


What is the Pay off amount on my house?

That amount should be on your mortgage statement each month. You can probably also get that number from your lender.


Can someone tell me how to do pay off my house?

Paying monthly mortgage is hard, and its not getting any easier I recommend going to the website below and maybe you will find your answer there. Read more: Keep the mortgage or pay off the house? http://www.bankrate.com/finance/mortgages/keep-the-mortgage-or-pay-off-the-house--1.aspx#ixzz1S03p1Mml


What should you get from the bank when you pay off a mortgage?

A lollipop


What are some good tips to pay off my house early?

The easiest way to pay your house off early is to consider a mortgage loan. I suggest that you visit the following website to learn more: http://christianpf.com/pay-off-your-mortgage-early/.


How do you get a massive house on Animal Crossing?

To do this you have to pay of the mortgage for your house. Then, if you go to Tom Nook's shop he will talk to you about paying off your mortgage and you will be able to upgrade your house. This will come with a bigger mortgage. If you pay off this mortgage you will be able to upgrade again. You can repeat this cycle a few times until your house is fully upgraded. This may take a while.


What happens when you pay off your house?

You own it and no longer need to pay a mortgage. You get the deed to the house and are free to do whatever you want to.


Can a family member buy the house that is in a reverse mortgage?

Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage


to pay off a mortgage?

which grant can I apply to pay off a mortgage