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Financial Dom Reverse Mortgage Short Sale  Form

Financial Dom Reverse Mortgage Short Sale Form

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Quick steps to complete and e-sign Financial Dom Reverse Mortgage Short Sale online:

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Video instructions and help with filling out and completing Financial Dom Reverse Mortgage Short Sale Form

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Instructions and help about Financial Dom Reverse Mortgage Short Sale

[Music] [Music] you hey guys today we are gonna talk about reverse mortgages we get a lot of questions about these in our office about whether a an investor can purchase a house that's a reverse mortgage or if you know it's possible to do a short sell and a reverse mortgage so I want to go over a couple things with you guys so that you know when you're going to these appointments and hopefully have more opportunities to be able to buy these houses so let's start with what a reverse mortgage is the homeowner is basically giving all of their equity back to the bank in exchange for living in the home they still own it but it they live in the home and they don't make a payment so the idea is great they're not making a payment they're you know generally older so they're you know in retirement and they're on a fixed income the problem is what's not explained to the homeowner is that they still are responsible for taxes and insurance so if you're trying to save money because you don't have it

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