Reverse mortgage help

[Caroline Apostolos]

So I have a couple of leads where the owners are deceased and they had a reverse mortgage. The amount of the reverse mortgage is WAY over what the property is worth. The families want nothing to do with the property. I was reading online that the heirs don't have to pay more than 95% of the appraised value of the house even if the loan amount is higher. Has anyone had any experience with this?