Skip to content
Foreclosures

User Stats

72
Posts
6
Votes
Dan Roma
  • Houston, TX
6
Votes |
72
Posts

Reverse Mortgage Foreclosure

Dan Roma
  • Houston, TX
Posted Apr 6 2018, 19:50

Can anyone explain how these work? What I don't understand is if the homeowner is about to foreclosure - why don't they sell their home, pay off the remaining balance, and pull out their equity? Could I be missing something?

Loading replies...