Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Emmett McCarthy

Mortgage for life? I never heard of that! Is that why they mentioned the 500,000 home they just bought before he was killed?


3 posted on 12/05/2005 8:51:14 AM PST by Calpernia (Breederville.com)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Calpernia

Not "mortgage for life" - "mortgage life" - i.e. you take out an insurance policy that pays enough to pay off your mortgage if you die, so your family won't have to worry about mortgage payments.


4 posted on 12/05/2005 8:54:32 AM PST by wideawake
[ Post Reply | Private Reply | To 3 | View Replies ]

To: Calpernia

You've never heard of "mortgage life" insurance? It pays off the loan in the event of the death of the mortgage holder(s). In this case, they were probably both on the mortgage, but the death of either one would pay off the loan. If they had such a policy, it certainly would provide motive.


7 posted on 12/05/2005 8:59:35 AM PST by Emmett McCarthy
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson