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Private Lending & Conventional Mortgage Advice

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Stone Jin
  • Rental Property Investor
  • Chandler AZ and Sylvania, OH
559
Votes |
706
Posts

What happens when I die

Stone Jin
  • Rental Property Investor
  • Chandler AZ and Sylvania, OH
Posted Jun 1 2016, 07:52

As we are doing estate planning we are coming across this bizarre question.  Let's say I currently have 10 mortgages and my wife has 10 mortgages.  If one of us were to die, would the other assume the mortgages even though we are maxed out on conventional loans.

Thanks in advance.

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