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If an owner of a home with a reverse mortgage on it, quit
hi - if an owner of a home with a reverse mortgage on it, quit claims their interest to a 3rd party - without informing the mortgage company - is that legal? who owns the home? who does the reverse mo… read more
Olivia Kent
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My mother has a reverse mortgage which she has never paid
my mother has a reverse mortgage which she has never paid back yet which we did not know about anyhow … read more
KLAW
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Have home paid for and ready to retire. If we add our son to
Have home paid for and ready to retire. If we add our son to the deed, what are the pros and cons. … read more
Lucy, Esq.
Lucy, Esq.
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I applied for a reverse mortgage. My property is worth about
I applied for a reverse mortgage. My property is worth about $145.000, they are offering me $75,000, is this reasonable?… read more
ScottyMacEsq
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My mother died about 2 years ago and we found the house is
My mother died about 2 years ago and we found the house is under reverse morgage with a company called Novad. The house is also in our trust. The house has been broken into and vandalized, deterorated… read more
Barrister
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My father passed away March 18 2017 and left his home to be
My father passed away March 18 2017 and left his home to be sold and the money to be split 5 ways. I'm living on SSDI and would like to buy out my siblings and my father's wife who never lived in his … read more
LegalGems
LegalGems
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I HAVE A REVERSE MORGAGE...I PAY ALL UPKEEP AND REAL ESTATE
I HAVE A REVERSE MORGAGE...I PAY ALL UPKEEP AND REAL ESTATE TAXES....DOESENT THE HOUSE BELONG TO ME LEGALLY? IF NOT THEN THE GOVERNMENT SHOULD PAY THEM....A FAMILY MEMBER OF MINE LOST A HOME HE PURCHA… read more
CalAttorney2
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A relative has passed away. He had a reverse mortgage. I
A relative has passed away. He had a reverse mortgage. I was lead to believe that when he passed, the house would automatically go to the mortgage company. The paperwork that was sent to me, gave me 4… read more
Barrister
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Doctoral Degree
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If a person who is single gets a reverse mortage and then later
If a person who is single gets a reverse mortage and then later remarries someone younger. Is that person allowed to live in house after the person who originally got reverse mortage passes away?… read more
ScottyMacEsq
ScottyMacEsq
Doctoral Degree
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QUESTION FOR EXPERT THAT MAYBE KNOWS ABOUT HECM REVERSED MORTAGES?IS
QUESTION FOR EXPERT THAT MAYBE KNOWS ABOUT HECM REVERSED MORTAGES? IS THERE ANY REASON THAT MY 80 YEAR OLD DAD SHOULD LOOK INTO THIS THAT HE GOT IN THE MAIL TODAY? HE DOES OWN A HOME AND HAS ABOUT 200… read more
evanesq
evanesq
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My mother pass away last june I had be living in the house
My mother pass away last june I had be living in the house and pay the morgage for 10 mos. and got behind my sister get all the mail from the morgage co. she say that the morgage was going to start fo… read more
evanesq
evanesq
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Doctoral Degree
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my dad moved into a nursing home. his house is going into foreclosure.
my dad moved into a nursing home. his house is going into foreclosure. I am power of attorney. he is going to make the reinstatement of taxes and insurance. the morgage company said that then they wou… read more
TJ, Esq.
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Good Evening, My name Esther, My mother has a reverse mortgage
Good Evening, My name Esther, My mother has a reverse mortgage on her home. She passed away Nov. 2010, I would like to know if there is a way my sister & I could keep the house . Thank you in advance … read more
Alex Esquire
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hello! I have 2 houses and 1 town house. My 2nd house is now
hello! I have 2 houses and 1 town house. My 2nd house is now 2months payment behind, and my town house is purchased in cash last july,2010. If I going into foreclosure on 2nd house, What happen to my … read more
Ellen
Ellen
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In the divorce in March the x-wife got the property next door.
In the divorce in March the x-wife got the property next door. She passed away in May with no will and now it's in probate the bills are coming in the x husband name because it was not changed before … read more
LawTalk
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My husband & I went through a bankruptcy a couple of years
My husband & I went through a bankruptcy a couple of years ago. While we were in bankruptcy our tenants were suppose to have bought the home, but because of the economy falling apart at the time they … read more
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1. On March 10, 2009 applied for a morgage, submitted credit
1. On March 10, 2009 applied for a morgage, submitted credit app and last 3 weeks of pay stubs, On march 12 2009 met with morgage co. to fill out loan application, recieved pre-approval certificate, u… read more
JBaxLaw
JBaxLaw
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8,080 satisfied customers
In 1997 I purchased my parents house in the amount of $30,000.00.
In 1997 I purchased my parents house in the amount of $30,000.00. In 2002 I refinanced and put my significant other on the deed and then in 2005 we parted but never came to an agreement on getting his… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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