Law Offices of Schlissel DeCorpo, LLP
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This blog by Elliot S. Schlissel covers topics such as loan modification, mortgage fraud, foreclosure defense, predatory lending, long island real estate, tax foreclosure, and much more.
Law Offices of Schlissel DeCorpo, LLP
1w ago
How much money will you receive from a reverse mortgage? The amount of money that can be received from a reverse mortgage usually ranges between 40% and 60% of the home’s appraised valuation. In situations where the seniors are older, the amount of money they can receive in the reverse mortgage is usually higher. What ..read more
Law Offices of Schlissel DeCorpo, LLP
3w ago
A reverse mortgage is a relatively complex financial product. It requires careful consideration by the homeowner before undertaking to get involved in a reverse mortgage. Here are some of the situations where a reverse mortgage may be applicable for homeowners: The homeowners are running out of money and may want to stay in their home ..read more
Law Offices of Schlissel DeCorpo, LLP
2M ago
Law Offices of Schlissel DeCorpo, LLP
2M ago
Law Offices of Schlissel DeCorpo, LLP
2M ago
Law Offices of Schlissel DeCorpo, LLP
2M ago
Law Offices of Schlissel DeCorpo, LLP
2M ago
Law Offices of Schlissel DeCorpo, LLP
2M ago
Law Offices of Schlissel DeCorpo, LLP
2M ago
Law Offices of Schlissel DeCorpo, LLP
2M ago
Reverse mortgages are generally available only to homeowners who are 62 years of age or older. The purpose of the reverse mortgage is to allow the homeowner to turn the equity in their home into cash while retaining the ownership of their home. This is often used by seniors who may find themselves real estate ..read more