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To: Broken_Clock who wrote (64455)3/14/2007 3:50:06 PM
From: John Carragher  Read Replies (1) | Respond to of 116555
 
Q. Can the lender take my home away if I outlive the loan?
No! Nor is the loan due. You do not need to repay the loan as long as you or one of the borrowers (ex. spouse) continues to live in the house and keeps the taxes and insurance current. You can never owe more than your home's value.