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'Heirs & Loan Maturity' Category Archives

How to Purchase a Reverse Mortgaged Home

September 25, 2014 no comments

I have found a place that we would like to purchase but the couple have passed away and also found out they had a reverse mortgage on the place. The family don't want the property and are letting it go back to the mortgage company. How can I get the property with out going through auction and would it have...
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Helping Parents with a Reverse Mortgage? | What to Consider

June 29, 2012 2 comments

Question from our reader: I would like to know, if my parents are taking a reverse mortgage, will I get something left when they die? Also can the bank charge me for that reverse mortgage or it will end will them dying? I feel a bit stupid but I’m not sure at all about that and I really would like...
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How Will a Reverse Mortgage Impact my Kids and Family?

February 10, 2012 6 comments

How Will a Reverse Mortgage Impact my Kids and Family? In researching and weighing the pros and cons of a reverse mortgage, a common question probably comes to mind: How will a reverse mortgage impact my children and family? The most important thing to remember is that your children and family will never be on the hook for repaying...
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