Is mortgage insurance a waste of money?

Is mortgage insurance a waste of money?

It’s nearly impossible to make that kind of return in the stock market, retirement account, or another financial instrument. PMI, then, can be viewed as an investment — a very sound one — and not a waste of money. Mar 15, 2022

What happens to a mortgage when someone dies?

If you inherit a property that has a mortgage, you will be responsible for making payments on that loan. If you are the sole heir, you could reach out to the mortgage servicer and ask to assume the mortgage, or sell the property. You could also choose to let the lender foreclose. Nov 22, 2021

Who is American Home Shield owned by?

SVM Holding CorporationAmerican Home Shield Corporation is a wholly-owned subsidiary of SVM Holding Corporation, whose common stock is indirectly 80% owned by service master com- pany and 20% by current and previous management investors.

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