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Updated over 6 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Roseann Adi
  • Rental Property Investor
  • Austin, TX
3
Votes |
5
Posts

Reverse Mortgage, options or creative ideas anyone?

Roseann Adi
  • Rental Property Investor
  • Austin, TX
Posted

Hello Bigger Pockets Community,

We are selling a property in Cape Coral, FL which has a reverse mortgage on it.  My father recently went into a nursing home and the bank wants their money.  Its on the  retail market through this weekend and then we are considering our options, if we have any.  We dont want to remortgage the property.  Any advice or guidance is greatly appreciated.   The house is at    128 SW 38th Terrace, Cape Coral  33914     We will consider all offers.   Thank you

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