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Home » Blog » reverse mortgage

Ruling on a house

17 Aug 2016

The Dangers of Reverse Mortgages & How to Protect Your Elderly Loved Ones

(Columbia, MD) After retiring, many people take out reverse mortgages in order to use the equity in their homes to provide additional income to live on in retirement. While a seemingly simple and straightforward concept, the decision to take out a reverse mortgage can have catastrophic consequences if not handled properly.     What is a Reverse…

August 17, 2016Real Estate LawBy info@cooverlaw.com

What happens if a borrower dies with a reverse mortgage?

25 Jun 2015

Reverse Mortgage: Top 10 Things to Know When a Borrower Dies

Is it Time to Relax? Mom and Dad are gone. You know they had a reverse mortgage on the house – What happens now? What can you do? What should you do? Top Ten Things You Should Know. a reverse mortgage can be a wonderful thing – they allow people on fixed incomes to get paid and…

June 25, 2015Real Estate Law, Residential Real EstateBy info@cooverlaw.com