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Updated about 5 years ago,

David Willis's profile image
David Willis's profile image
David Willis
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  • Member since Jul 4, 2015
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David Willis's profile image
David Willis's profile image
David Willis
  • Investor
  • Member since Jul 4, 2015
Connect
David Willis
  • Investor
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Posts
Buying & Selling Real Estate

How to buy a reversed mortgage property?

David Willis
  • Investor
Posted

I’ve identified a property that I would like to buy. The problem is that it is owned by a bank that took ownership through a reverse mortgage. The tenant has since died and the bank has been unable to find the rightful heir to make sales decisions. Any thoughts on how to proceed with illiciting a sale?

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