If you’re considering bankruptcy or want to understand your rights during financial trouble, one of the most important concepts you need to know about is the automatic stay. This legal protection is a powerful tool that can provide immediate relief from debt collection efforts
When a loved one with a reverse mortgage passes away, it can raise a lot of questions for the heirs. Can you keep the house? Do you owe money? What happens if the home is worth less than the loan balance?
This guide will walk you through everything heirs need to know when they inherit a hom
Knowing what will happen to your home or real estate properties after you pass is an important part of proper estate planning. However, it is an unfortunate fact that many elderly people face challenges paying their mortgages. This can add to the already daunting legal challenges that come with p
Because reverse mortgages are insured by the FHA, you may need to have an FHA appraisal before your lender can approve the short sale agreement. You may also need to show evidence of financial hardship (loss of benefits, death in the family, etc.) in order to get approved for a short sale
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