Re: reverse mortgage foreclosure

Posted by NJDave on October 26, 2008 at 10:44:38:

In Reply to: Re: reverse mortgage foreclosure posted by confused on October 26, 2008 at 06:32:02:

There are several events which trigger foreclosure on a reverse mortgage. The death of the last surviving borrower; if the subject premises is no longer the borrowers' primary residence; if the borrower fails to maintain the property, property taxes, or property insurance.

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