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Updated over 8 years ago,

Chad Reynoso's profile image
Chad Reynoso's profile image
Chad Reynoso
  • Investor
  • from Orange, California
  • Member since Nov 30, 2015
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User Stats

39
Posts
5
Votes
Chad Reynoso's profile image
Chad Reynoso's profile image
Chad Reynoso
  • Investor
  • from Orange, California
  • Member since Nov 30, 2015
Connect
Chad Reynoso
  • Investor
  • Orange, CA
5
Votes |
39
Posts
Buying & Selling Real Estate

Reverse Mortgage

Chad Reynoso
  • Investor
  • Orange, CA
Posted

I am thinking about buying my grandmothers house which has a reverse mortgage in place.  I do not know all the specifics about the remaining loan (reverse mortgage value, remaining equity or debt). Has anyone been down this avenue before and what is the process of making such a purchase?  I have been reading some links online but it still a bit foggy.  Looking for some advice from real experience professional on this site.  Any information would be greatly appreciated.

Thanks,

Chad

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