With a reverse mortgage how do they know if your still living surrounded by the home?
this person has a reverse mortgage if her household puts her in a home how do the reverse mortgage company know that she is not living there because the society living in her home now will not give an account them they will just stay that's why I'm wondering how the company knows because it states they can't be away from the home for more later twelve monthes
"> So what you are saying is you want to cheat the system, and your parents out of their home, by putting them in a nursing home while you stay contained by their home rent free...if and when they find out there can be some serious legal issues. As long as they are contained by the home there isn't a problem so why don't you show them the respect and love they deserve for allowing you to stay in their home, and a moment ago keep them there and lug care of them.
Usually if it's a long-term care facility (I would say-so more than 12 months qualifies as such) they have access to the person's income and assets and the mortgage company will be notify. Tell the scum that are considering trading in their mother for her home they should be ashamed of themselves - that's a pretty disgusting passageway to treat someone who can't defend themself. They're no better than the pathetic thugs that mug little feeble ladies and steal their purses.
Related Questions:
If my parents co-sign for my mortgage, does this be going to they to some extent own my home?
Or does this mean that if I default on my mortgage that the financial institution will progress after my parents credit/finances to pay for the mortgage? I'm a little confused between the two. > they...
"> So what you are saying is you want to cheat the system, and your parents out of their home, by putting them in a nursing home while you stay contained by their home rent free...if and when they find out there can be some serious legal issues. As long as they are contained by the home there isn't a problem so why don't you show them the respect and love they deserve for allowing you to stay in their home, and a moment ago keep them there and lug care of them.
Usually if it's a long-term care facility (I would say-so more than 12 months qualifies as such) they have access to the person's income and assets and the mortgage company will be notify. Tell the scum that are considering trading in their mother for her home they should be ashamed of themselves - that's a pretty disgusting passageway to treat someone who can't defend themself. They're no better than the pathetic thugs that mug little feeble ladies and steal their purses.
Related Questions:
If my parents co-sign for my mortgage, does this be going to they to some extent own my home?
Or does this mean that if I default on my mortgage that the financial institution will progress after my parents credit/finances to pay for the mortgage? I'm a little confused between the two. > they...