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Writer's pictureSandy Cantu

Important Information for Families Dealing with Reverse Mortgages in Probate

If you've recently lost a loved one who owned a home with a reverse mortgage, it's important to understand your next steps. At Florida Probate Care, we're here to help guide you through this process.


Understanding Reverse Mortgages in Probate

When a homeowner with a reverse mortgage passes away, the loan typically becomes due. The heirs have the first right of refusal to purchase it. This situation requires prompt attention to prevent potential complications with the property.


Take Early Action

It's crucial to address reverse mortgage matters soon after your loved one's passing. Taking action early can provide you with more options and peace of mind. More importantly, seeking a solution before the property goes into foreclosure is vital. Timely action can help protect your family's interests and potentially save the property.


How Florida Probate Care Can Assist You

At Florida Probate Care, we offer NO FEE assistance and specialize in helping families navigate probate issues, including those involving reverse mortgages. Our services include:

  1. Offering free advice on your next steps

  2. Connecting you with experienced probate attorneys

  3. Explaining your options clearly

  4. Providing guidance throughout the probate process

  5. Assisting in finding solutions to prevent foreclosure


Protecting Your Family's Interests

To help safeguard your family's property, consider reaching out to Florida Probate Care. Our free concierge service offers:


  • Clear explanations of the reverse mortgage situation

  • Connections to qualified professionals

  • Assistance in avoiding common pitfalls

  • Strategies to prevent foreclosure and explore alternatives


Support During a Difficult Time

Dealing with probate can be challenging, especially when a reverse mortgage is involved. Florida Probate Care is here to offer support and guidance.


We're Here to Help

If you have questions or concerns about a reverse mortgage in probate, don't hesitate to contact Florida Probate Care. We're here to help you navigate this process and explore your options.


Reach out to us by phone, email, or through our website. Our team is ready to assist you during this challenging time and help you make informed decisions about your family's property.


Remember, when it comes to reverse mortgages and probate, timely information and action can be crucial in preventing foreclosure. Contact Florida Probate Care to learn more about how we can assist you in protecting your inherited property.

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