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Updated over 6 years ago on . Most recent reply

Asela H.'s profile image
Asela H.'s profile image
Asela H.
  • Lender
  • from Fort Worth, TX
  • Member since Jun 25, 2017
  • Posts 27
  • Votes 8
  • Experience 17 Yrs
  • Investments 1
Connect

User Stats

27
Posts
8
Votes
Asela H.'s profile image
Asela H.'s profile image
Asela H.
  • Lender
  • from Fort Worth, TX
  • Member since Jun 25, 2017
  • Posts 27
  • Votes 8
  • Experience 17 Yrs
  • Investments 1
Connect
Asela H.
  • Lender
  • Fort Worth, TX
8
Votes |
27
Posts
Buying & Selling Real Estate

Has Anyone Purchased A Property That Had A Reverse Mortgage?

Asela H.
  • Lender
  • Fort Worth, TX
Posted

My business partner and I found a lead. It's an elder woman who is motivated to sell, but she has a reverse mortgage. 

We're thinking of using the subject- to strategy and are curious about how this will differ from a regular mortgage or if it will essentially be the same process?

Has anyone had any experience with this before?

Thanks in advance for any answers/advice!

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