May 2016 Blog Posts (1)

Reverse Mortgage Short Sale

Hello everybody:

I just got a listing on  a  Reverse Mortgage Loan and I will have to do a short sale because the owner owes more than the house is worth.  We are short by 20k. Does anybody here has done a short sale where the loan is a Reverse Mortgage?

Is the process the same as a regular Short Sale? Thanks,

Added by IRMA KNIGHT on May 6, 2016 at 4:30am — 1 Comment

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