You are here: Home Finances Reverse Mortgages ... What Obligations Does A ...
Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
Information about all aspects of health care from choosing a doctor and treatment, staying safe in a hospital, to end of life care. Includes how to obtain, choose and maximize health insurance policies.
Answers to your practical questions such as how to travel safely despite your health condition, how to avoid getting infected by a pet, and what to say or not say to an insurance company.

Reverse Mortgages 101

What Obligations Does A Borrower Have While A Reverse Mortgage Is Outstanding?

Next » « Previous

9/17

  • Maintain the home in good condition.
  • Pay the real estate taxes.
  • Keep homeowners insurance in force.

Lenders can usually demand repayment if you don't keep up the home. They generally inspect houses with a Reverse Mortgage periodically.


Please share how this information is useful to you. 0 Comments

 

Post a Comment Have something to add to this topic? Contact Us.

Characters remaining:

  • Allowed markup: <a> <i> <b> <em> <u> <s> <strong> <code> <pre> <p>
    All other tags will be stripped.