How do I sell a reverse mortgage home?

Donna Rosa

3 weeks ago | 44 views | Mortgage
Answers (1)
Krishna Perkins

Maverick Homes and Neighborhoods

(12)

Hi Donna, You can sell a home with a reverse mortgage in the same way you would sell a traditional home with a mortgage. The most important step is to contact your reverse mortgage company and ask for an official payoff statement. When you have that part lined up find an Realtor local in your area to help guide you through the process. Ask them for a net sheet based on their analysis before you commit to anything and decide if the deal works for you or not.
3 weeks ago