Updated about 8 years ago on . Most recent reply
Reverse Mortgage
A very close family member has a reverse mortgage on their home, and we'd love to keep the property in the family as a rental after he passes.
But how does the process go in a reverse mortgage go, after a death of the owner? Has anyone had an experience in this matter?
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
95% of an fha appraisal, if it is underwater....otherwise just pay it off