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Updated 8 months ago on . Most recent reply

Daniel Saba's profile image
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Daniel Saba
  • Member since Jun 19, 2024
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Daniel Saba's profile image
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Daniel Saba
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Foreclosures

Reverse Mortgage Short Sale - Junior Lien

Daniel Saba
Posted

Has anyone had experience with a reverse mortgage short sale where there is an additional junior lien? I know HUD only contributes $1,500 towards a junior lien settlement, but if the junior lien holder does not want to settle would HUD allow the buyer to pay off the junior lien out of their own pocket?

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