Can I sell my home if I have a reverse mortgage? The short answer is yes, however, selling a home with a reverse mortgage can be more challenging that selling one with a traditional mortgage. Reverse mortgages are meant to be a helpful financial tool for senior homeowners who need...
Tag: reverse mortgage
How to Sell a Home with Reverse Mortgage
Selling a home can be a complex process, especially if you have a reverse mortgage. However, there is a viable option for homeowners with a reverse mortgage who are looking to sell their property - selling to an investor. In this article, we will guide you through the steps...
Can I sell my house with a reverse mortgage in the State of Florida?
Reverse Mortgage 101: the basics A Reverse Mortgage is a type of loan that allows people 62 and older to borrow money against the equity in their home (home equity = the value of the house minus debt against it). Unlike with a traditional mortgage, instead of making monthly mortgage...
