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Can heirs inherit a reverse mortgage?
After a reverse mortgage borrower dies, their “heirs” may have rights. Heirs are people with legal rights to the property of another after that person's death, such as a husband, wife, children, and people's names in estate planning documents.
A reverse mortgage is still a mortgage loan and must be paid in full to avoid foreclosure.
Published: Oct 9, 2022
Updated: Oct 10, 2022
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