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My in laws are moving into our old house in the coming weeks. They will still leave it on the market–that way if it sells they can come out near us and find a ranch style home to retire in. I don’t know what the mortgage industry looks like, but hope that they would qualify mortgage life insurance. My father in law is in very poor health, and what a blessing it would be for my mother in law if anything were to happen to him.
We don’t currently have it on our home. Dangerous I know–but I do hope we are young enough not to need it!