Now, if several years have passed and the balance owing is more - TopicsExpress

Now, if several years have passed and the balance owing is more than the home is worth, I have great news. One of the fees you paid, called mortgage insurance, covers you. You (or your heirs) only have to pay back an amount equal to the market value at the time of the sale. Now there are some exceptions to this, but as long as it is a legitimate sale, you won’t have to worry. reversemortgageworld/

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