Real Estate Wholesaling Questions & Answers

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Michael G.
  • Wholesaler
  • Bay Shore, NY
200
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359
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Reverse Mortgage Experience

Michael G.
  • Wholesaler
  • Bay Shore, NY
Posted Nov 15 2011, 07:05

A probate property I want to wholesale has a Reverse Mortgage with Financial Freedom.

Googling complaints against Financial Freedom reveals some unsavory practices by that company.

I'm assuming when my buyer goes to contract the title search will reveal the debt owed.

My real question is has anyone run into reverse mortgage / probate situations and can the reverse mortgage debt be negotiated?

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