Do you still have to pay your mortgage if your house burns down? Some multimillion-dollar homes may not qualify for disaster relief.
But some of the larger mortgages that paid for the multimillion-dollar homes that have been damaged in Southern California ...
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The Salary You Need for a $500K House
In other words, buying a half-million-dollar property ... you can afford a house that’s 2.5 times your annual income, your household would need to take home $200,000 per year in order to afford a $500 ...