Legal Question in Real Estate Law in Pennsylvania

Why does a reverse mortgage have a recorded value of 366,000 on a home that was appraised at 250,000 at the time the reverse mortgage was initiated? How is this amount calculated?

Asked on 10/01/13, 7:02 am

1 Answer from Attorneys

John Davidson Law Office of John A. Davidson

Well have you asked the peop;le who calculated this number?

{John}

Read more
Answered on 10/01/13, 7:08 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Pennsylvania