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Updated about 9 years ago on . Most recent reply
VaDeceased owner, reverse mortgage, foreclosure - what can I do?
Hi everyone, I recently came across a vacant home. As soon as I went to leave, the neighbor ran over to tell me that the homeowner had passed away a few months earlier and that the family had taken what they wanted from the home and wanted nothing else to do with it.
The home is in the deceased persons name. It had a reverse mortgage and is currently in foreclosure. Can anything be done on my part to buy the home at this point? If so, what would be the ideal scenario if I can get the family involved. Any thoughts or recommendations much appreciated!