How Do Reverse Mortgages Help Homeowners?

[Elijah Joseph]

I was cold calling some leads today and I came across something I've never heard of before: Reverse Mortgage. I did a little bit of research on it and found a few terms and definitions that I'll use to understand the theory behind them. Practically however, I don't understand them. Essentially, you get a mortgage in reverse because you can't afford to pay for your mortgage and then the lender pays you? How does this benefit in any homeowner? Can anybody explain further and give insight on how to help a seller who has a vacant home with a mortgage in reverse?! 

Thanks in advance!

Elijah Joseph