June 13, 2019
A short sale is when the mortgage lender(s) agrees to sell the property for a lower amount than the loan-balance remaining.
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June 12, 2019
A reverse mortgage is a way to use the equity value that built up in a home to improve the quality of life for those who have appropriate circumstances when they reach the retirement age of 62 or older. With a reverse mortgage, a person continues to live in their own home and retains the title to it but does not have to make any monthly reverse mortgage payments.
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