Reverse Mortgages

Seller Options When The Appraisal Comes In Low

Trustee selling off market

Ask Phyllis: a blog series of frequently asked real estate questions. Email us here Trustee selling off-market Dear Phyllis, My mother recently died, and I am the sole trustee of her estate. My three siblings and I are the beneficiarie...

Reverse Mortgage Solutions

Reverse mortgages can be complicated, but let's take a brief look at reverse mortgage solutions: Within 30 days of the borrower’s passing, the heirs are required to notify the reverse mortgage lender of their intent to pay off or sell. Then...

Reverse Mortgage and Foreclosure

Is a reverse mortgage more foreclosure-prone? Last month, I closed escrow on a San Fernando Valley foreclosure. The former owner obtained a reverse mortgage. When there is a reverse mortgage and the owner passes, the estate has six month...

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