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Be Careful About Putting Only One Spouse’s Name on a Reverse Mortgage

Be Careful About Putting Only One Spouse’s Name on a Reverse Mortgage A recent case involving basketball star Caldwell Jones demonstrates the danger in having only one spouse’s name on a reverse mortgage.

 · Be Careful About Putting Only One Spouse’s Name on a Reverse Mortgage. A recent case involving basketball star caldwell Jones demonstrates the danger in having only one spouse’s name on a reverse [.] READ MORE. Follow us. Office Locations.. (By Appointment Only) OFFICE 561.472.0820 get directions.

Reverse Mortgages May Affect Your Spouse "Sally" was younger than her husband. When they decided to take out a reverse mortgage on their home, the mortgage was only in her husband’s name. Soon after he passed away, the lender came after Sally and gave her a choice: either repay the loan in full or face foreclosure and lose her family home.

 · Only the person with a disability? Parents? Other relatives? Friends?. Be Careful About Putting Only One Spouse’s Name on a Reverse Mortgage. A recent case involving basketball star caldwell jones demonstrates the danger in having only one spouse’s name on a reverse [.] READ MORE. 1 2 page 1 of 2. Elder Law attorneys in Denver, CO.

“My call to my Iranian – and I call them Iranian brothers: Be careful and reverse course because you’re pushing everybody towards a confrontation that no one would be safe if. I am sure, it’s only.

Because you are 65 years old, you appear to qualify for a reverse mortgage, but your 40-year old spouse does not. One way that used to be popular to get around this was to deed the title to the property solely into your name and leave your spouse off the reverse mortgage, but this can cause major problems.

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Reverse mortgage to one spouse only.. husband and I are considering a reverse mortgage and have done some preliminary checking about the loan terms. Title to this house is in my name only, as I.

Be Careful About Putting Only One Spouse’s Name on a Reverse Mortgage A recent case involving basketball star Caldwell Jones demonstrates the danger in having only one spouse’s name on a reverse mortgage.

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