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Should I help my mother delay foreclosure to get a reverse mortgage (first post)?
Should I help my mother delay foreclosure to get a reverse mortgage (first post)? This is as much a relationship as personal finance question but I need some insight into what my mother’s options are. My mother (71F) who is married is suddenly unable to work as the result of an accident. Household monthly income is ~5.1K (SS and VA pension). The monthly mortgage payment is 5.4K. The original loan amount in 1992 was ~250K but ...
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