Névjegy:
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In the end, a lot of reverse mortgage loans are not paid off by the consumer. Instead, when the borrower relocates or dies, the borrower's heirs sell the residential property in order to settle the car loan. If you stop working to pay real estate tax, as an example, or maintain the house effectively guaranteed, the loan servicer could advance readily available financing profits from the reverse home mortgage to cover these expenditures, Hicks says.
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