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Updated almost 7 years ago,

Dan Roma's profile image
Dan Roma's profile image
Dan Roma
  • from Houston, TX
  • Member since Jan 9, 2018
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72
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6
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Dan Roma's profile image
Dan Roma's profile image
Dan Roma
  • from Houston, TX
  • Member since Jan 9, 2018
Connect
Dan Roma
  • Houston, TX
6
Votes |
72
Posts
Foreclosures

Reverse Mortgage Foreclosure

Dan Roma
  • Houston, TX
Posted

Can anyone explain how these work? What I don't understand is if the homeowner is about to foreclosure - why don't they sell their home, pay off the remaining balance, and pull out their equity? Could I be missing something?

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