Jun/07Mark CappelJune 15, 2007
Must I pay off personal judgments, not against the property, in order to get a reverse mortgage?
BSApr/07Bills StaffApril 12, 2007
My father is 84 years old and has an outstanding note of $107,000 that he is paying $4,400 every 6 months for 2 years, then the note is due in full. He has no real way to repay this note, but he does have a townhouse that is paid off and worth about $160,000. I thought that a reverse mortgage would be something he should do, since I am not interested in inheriting from his estate, but would ...
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