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Updated about 6 years ago,

Isaiah Elysee's profile image
Isaiah Elysee's profile image
Isaiah Elysee
  • from New York, NY
  • Member since Oct 19, 2018
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6
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1
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Isaiah Elysee's profile image
Isaiah Elysee's profile image
Isaiah Elysee
  • from New York, NY
  • Member since Oct 19, 2018
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Isaiah Elysee
  • New York, NY
1
Votes |
6
Posts
Private Lending & Conventional Mortgage Advice

Private Money Lender Passed Away

Isaiah Elysee
  • New York, NY
Posted
Let’s say a private money lender gives me the money that allows me to purchase a house. While I am paying him the necessary interest, what would happen to my property and the money I have been paying him if the private money lender passes away? Do I start paying the bank? Does my property get taken away by the government?
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