Can a Bankruptcy Stop Foreclosure?

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

How to Prepare for a Short Sale on Your Reverse Mortgage

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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