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Property owner

jerry

Posted on: 14th Nov, 2013 11:07 pm

Hi everyone, if an owner of the condo has taken out a reverse mortgage, will he be still considered the owner of the property?

Total Reply : 2

Hi Fairey,

Though a property owner takes out a reverse mortgage on his or her property, then he or she will still remain the owner of the property.

Thanks,

Jerry

jerry

Posted on: 15th Nov, 2013 12:22 am

Hi Fairey,

I agree with what Jerry has said. Even if you take out a reverse mortgage, you will still remain the owner of the property.

Thanks

jameshogg

Posted on: 17th Nov, 2013 07:41 pm

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