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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] reverse mortgage Posted by Guy on September 12, 2009 at 2:47 PM In Reply to: buying a house that has a reverse mortgage posted by DavidTorres on September 11, 2009 at 9:15 PM Hi David, Congratulations on the lead! Your message implies that the Mom/decedent has the reverse mortgage in her name. If this is the case, once the lender knows of the death of a trustor, the entire loan balance will be due in full and a notice of default will be filed and foreclosure proceedings will commence. Probates of real property are very technical. Rick the Probate Guy knows all the ins and outs. Send a message to the e-mail listed, removing the numeric characters or check the web site www.closeprobate.com Follow Ups: Re: reverse mortgage Linda Marmion 10:49 AM, 09/15/10 (0) Re: reverse mortgage DavidTorres 3:34 PM, 09/12/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi David, : : Congratulations on the lead! Your message implies that the Mom/decedent has the reverse mortgage in her name. If this is the case, once the lender knows of the death of a trustor, the entire loan balance will be due in full and a notice of default will be filed and foreclosure proceedings will commence. Probates of real property are very technical. Rick the Probate Guy knows all the ins and outs. Send a message to the e-mail listed, removing the numeric characters or check the web site www.closeprobate.com [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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