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Updated over 10 years ago,

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5
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Alberto Leon
  • Sherman Oaks, CA
0
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Inherited a property with a reverse mortgage in Puerto Rico. What are my options to refinance?

Alberto Leon
  • Sherman Oaks, CA
Posted

Hi All,

New to the forum. I just Inherited a property with a reverse mortgage in Puerto Rico. I do not want to sell the property and but do not currently have the liquid funds to pay off the balance of the mortgage. My only option is to refinance. Does anyone have any experience in dealing with this type of transaction? Any advise on keeping the bank from foreclosing on the property would be helpful .

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