Death, Reverse Mortgages and Heirs

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Mortgage and Lending with Josh Borba - MLS Mortgage / MLS Reverse Mortgage NMLS #76821

We all know that there are only two guarantees in life: death and taxes. Seeing as none of us are going to get out of here alive, it seems appropriate to discuss what happens when the last surviving spouse passes away when a reverse mortgage is secured by the property. 

This is a very common questions when dealing with reverse mortgages.

The full article can be found at: http://mlsreversemortgage.com/news/

 

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