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Updated over 13 years ago on . Most recent reply

Michael G.'s profile image
Michael G.'s profile image
Michael G.
  • Wholesaler
  • from Bay Shore, New York
  • Member since Dec 17, 2009
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359
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Michael G.'s profile image
Michael G.'s profile image
Michael G.
  • Wholesaler
  • from Bay Shore, New York
  • Member since Dec 17, 2009
Connect
Michael G.
  • Wholesaler
  • Bay Shore, NY
199
Votes |
359
Posts
Wholesaling

Reverse Mortgage Experience

Michael G.
  • Wholesaler
  • Bay Shore, NY
Posted

A probate property I want to wholesale has a Reverse Mortgage with Financial Freedom.

Googling complaints against Financial Freedom reveals some unsavory practices by that company.

I'm assuming when my buyer goes to contract the title search will reveal the debt owed.

My real question is has anyone run into reverse mortgage / probate situations and can the reverse mortgage debt be negotiated?

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