Posted on: 23rd Sep, 2010 03:06 pm
my father had a reverse mortgage he died the county deed the home to me after his death. this has stopped the sale of the property. what can we do now
hi guest,
the reverse mortgage lenders holds the lien over the property. you can either refinance the mortgage and pay off the balance to save the property or you can request the lender to sell off the property asap. you may transfer the property to the lender so that he can sell it off.
thanks
the reverse mortgage lenders holds the lien over the property. you can either refinance the mortgage and pay off the balance to save the property or you can request the lender to sell off the property asap. you may transfer the property to the lender so that he can sell it off.
thanks