
The Hidden Opportunities in Distressed Real Estate and Reversed Mortgages
An interesting thing I have learned about reverse mortgages is that there is no statute of limitations affecting a lender’s ability to take back a property where the owner/mortgagor has died. While the asset preservation guys were knocking down the doors of my mother’s home within 4-6 weeks of her death, in other cases, they can wait years… like in one case I describe: 13 years and counting.

