Do I have to pay my mortgage if my home was destroyed in the fires?
With so much unknown for people impacted by the wildfires, ABC7 Eyewitness News looked into top searched questions about housing and payments to provide some definitive answers for the now.
Do you have to pay your mortgage if your house was destroyed in the L.A. County wildfires?
Homeowners are often eligible for reduced or suspended mortgage payments for up to 12 months if they are impacted by a disaster, according to the Federal National Mortgage Association, commonly known as Fannie Mae.
Do you have to pay rent if your home, apartment or business was destroyed in the L.A. County fires?
No, according to the L.A. County Department of Consumer and Business Affairs. If a rental unit has been destroyed in a disaster, the rental agreement void, under California law.