brwzx asked:
Due to extended unemployment, a required out-of-state move, and inability to sell my home, foreclosure is underway. My homeowners insurance company hasn’t received payment from my mortgage escrow and is asking me to pay the bill. Obviously the mortgage company isn’t going to pay anything out of escrow right now. Do I need to keep homeowners insurance on the home while waiting for foreclosure to be finalized?
Due to extended unemployment, a required out-of-state move, and inability to sell my home, foreclosure is underway. My homeowners insurance company hasn’t received payment from my mortgage escrow and is asking me to pay the bill. Obviously the mortgage company isn’t going to pay anything out of escrow right now. Do I need to keep homeowners insurance on the home while waiting for foreclosure to be finalized?