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122
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Wayne V.
  • Investor
  • New York City, NY
67
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122
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Buying a SFR That Has A Reverse Mortgage

Wayne V.
  • Investor
  • New York City, NY
Posted

I have a house under contract where the owner has a reverse mortgage. I understand that the seller will have to pay the lender out of the proceeds, but I'm wondering if there are any ways that a better deal for both parties can be arranged.

Any suggestions ??