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What Happens With My Mother's NJ Reverse Mortgage After her Death

This article was created by a New Jersey Probate Attorney. What is a Reverse Mortgage in New Jersey? A reverse mortgage is a home equity loan in which the borrower is not required to make payments. ... read more

What Happens When We Let Tech Care For Our Aging Parents

But the daily churn of diapers and cleanups, the carousel of in-home aides, and the compounding financial strain (she had already taken out a reverse mortgage on ... Jim that he was my best friend. I ... read more

90-year-old woman foreclosed, evicted from home of over 60 years

As he examined his mother ... reverse mortgage, and gave Gloria the number for Financial Freedom. After calling it, a vigorous young salesman was promptly at her door. She made him blueberry muffins. ... read more

Immigration limbo is a ‘tug of emotions.’ It’s also a mental health issue.

After Ragbir spent over two years in detention centers in New Jersey and Alabama, his sleeping pattern was never the same. “A cockroach walking on the carpet can wake me up,” says Ragbir. “My ... ... read more

InterContinental Capital Group

So I knew all about what reverse mortgages ... I got a mortgage from InterContinental Capital Group to purchase my mom’s house but it wasn’t an easy ride. I dealt with multiple people and the party ... read more

Reverse Mortgage Inheritance

My parent had a reverse mortgage and died unexpectedly. I inherited the property. What happens to the reverse mortgage? My mother ... her property although she had a standing will in place, and was ... read more

Seniors face foreclosure after being sold risk-free retirement with reverse mortgages

After foreclosing on a reverse mortgage ... of their mother or father or both get the idea that when mom or dad passes, I’m going to have a little inheritance or get this place on the market,” ... read more

What is a reverse mortgage and when is it wise to consider getting one?

existing mortgage payoffs, or after the death of a spouse. Colburn said the concept of reverse mortgages first arose as an idea in the 1960's as a way to help solve retirement challenges when people ... read more

Color of Money Live: Remember to stay in a budget for your wedding

I started paying my kids for good grades in school when they entered 1st grade and then let them decide, entirely, how to spend the money. After that, Mom and Dad took care ... you could get a reverse ... read more

These people left their jobs behind to retire early — then life got in the way. Here’s how they coped with FIRE plans gone wrong

“I reached my ‘FIRE’ numbers in the worst possible way,” he said. He continued to work after Amber’s death, but felt he was not spending ... Homeowners might have to consider a reverse mortgage, which ... read more

Reverse Mortgages & Heirs

Heirs inherit a property subject to any mortgage ... her bank accounts to repay the loan? Do heirs have to repay the loan? What happens if you live in the house? This article answers these questions ... read more

Champion Mortgage

Champion Mortgage not only, ignored our contacts but then, proceed to file for foreclosure; pretended the certification of death they filed on my mother “did not have myself, her ... NJ news station ... read more