Want to buy a distressed property that has a reverse mortgage.

[Samara Thelen]

Looking to buy my first investment property and I have found a potential property that is in preforclosure. However the deceased owner had a reverse mortgage around $300,000. Her son is wanting a short sale before it is auctioned off. Currently auction cannot proceed because there are many squatters living at the property. I am a new real estate agent, so I have all the title info but confused how the reverse mortgage would affect the sale and who I should contact? The bank with the reverse mortgage? Any thoughts would be greatly appreciated!

[Davion Lewis]

@Samara Thelen Hi my name Davion and if the property your looking at is in the the Washington area I can help structure the deal for you as my grandmother is the best Investor in the country when it comes to these type situations and she works in the Washington and maryland area o